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1.
The act of approaching a person completely unprepared and allowing your penis to guide you. This is usually acceptable when flirting with a woman but can come into play while talking to anyone.Derived from the common phrase "winging it".
Joe: Dude I just got this hot chicks number. I didn't even prepare myself, it just happened.

Bob: Text book definition of wangin' it.

Joe: May the power of the wang be with you.

Bob: And also with you young grasshopper.
by Ghilliesuitskillz December 26, 2009