Perpetual (Perp)

A crypto futures contract with no expiry, tethered to spot by the funding rate.

Related terms

Pin BarA candle that's mostly wick — a violent rejection. Powerful at key zones, noise elsewhere.
PipThe standard forex price unit — EURUSD 1.0850 → 1.0851 = 1 pip (4th decimal).
PMIPurchasing Managers' Index — business sentiment; above 50 = expansion, below = contraction.
POC — Point of ControlThe price with the most traded volume — a magnet and a strong level.
PortfolioEverything you hold — positions, cash, investments — viewed as one risk unit.
Position Sizingsize = risk ÷ stop distance. The formula that keeps every loss survivable.

Terms stick when you use them. The Money Circle academy walks you through them step by step.