Meaning of the word "play the market" in English

What does "play the market" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

play the market

US /pleɪ ðə ˈmɑːr.kɪt/
UK /pleɪ ðə ˈmɑː.kɪt/
"play the market" picture

Idiom

to buy and sell shares, goods, or currencies in the hope of making a profit from changes in their value

Example:
He decided to play the market with his inheritance, hoping to get rich quickly.
It takes a lot of knowledge and risk to successfully play the market.