magnet play
Word Rarity
Rare
Frequency: Zipf frequency 3.72 in modern English
18
Scrabble Score
10
Letters
3
Syllables
9
Unique Chars
Meaning
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.
Uncountable
noun
Used other than figuratively or idiomatically: see magnet, play.; play involving magnets.
Uncountable
Example Sentences
- "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."