Meaning of magnet play | Babel Free

Definitions

1. 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.
   nonce-word, uncountable
2. Used other than figuratively or idiomatically: see magnet, play.; play involving magnets.
   uncountable

Examples

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

“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.”

CEFR level