magnet play

noun

The deliberate use of significant psychological price points (such as round numbers) to anticipate the behavior of other traders and to capitalize on movement towards those price points.

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Meanings

nounmagnet play (uncountable)
  1. nonce worduncountablebusinessThe deliberate use of significant psychological price points (such as round numbers) to anticipate the behavior of other traders and to capitalize on movement towards those price points.

    I also do “magnet play" to round numbers as well as breakouts through such levels.

    2014, Fernando Oliveira, Traders of the New Era, page 30
  2. uncountableUsed other than figuratively or idiomatically: see magnet, play.; play involving magnets.

    This sort of magnet play is full of exploratory learning that, among other things, builds understanding of the physical world, problem-solving skills, and cause-and-effect thinking.

    2014, Jeff A. Johnson, Denita Dinger, Let's Play: (Un)Curriculum Early Learning Adventures, page 160
Cite this entry
APA

magnet play. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/magnet%20play

MLA

“magnet play.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/magnet%20play. Accessed November 4, 2026.

Chicago

WatkinsX Dictionary, s.v. “magnet play,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/magnet%20play.

Source: magnet play on Wiktionary, CC BY-SA 4.0.