The definition of "Magical Thinking" is different than what you've guessed. It is more like thinking that everything is going to work out just because it has to (and you believe it.)
In the most extreme of cases, it could be someone thinking that they can cross the road without first looking both ways, because a car would never hit them. (they are special)
More common examples of "Magical Thinking" is that the monthly paycheck can be spent all at once on whatever you want, and that you don't have to stretch it out over the month and budget to make ends meet. Somehow the bills will just get paid "magically"!
Or maybe very unrealistic goals like how your business idea will succeed even though you haven't thought out all the pros and cons and created a business plan. If another person tries to tell you that things might not work out the way you expect, they are considered negative and a downer. And then when everything DOES fall apart, you might say that there was 'no way you could have known' that it wouldn't work out.
... so ... don't know if any of that applies to you or not.
I don't think that I've seen it in our limited interactions.
Ah, I see. I thought it just meant prone to fantasy, waking nightmares, or just being over imaginative.
You are correct in saying that this does not apply to me. So if a person has magical thinking, it's more like they think they are invincible, and no consequences come to their actions. I knew a girl who was bipolar, and she said when she went through a manic phase, she thought she could spend as much as she wanted, and that money would magically be deposited into her account at the bank. She used the word magically too haha.
Thanks for clearing this up! :)