TradeStation Help

Order Actions

In TradeStation, order actions (Buy, Sell, Sell Short, Buy to Cover, etc.) are used in combination with an order type (Market, Limit, Stop-Market, Stop-Limit) to make up a specific order description for buying or selling a security or commodity.  

Equities Options Futures Forex Description
Buy Buy to Open Buy Buy Used to establish, or add to, a long position for the specified symbol.
Sell Sell to Close   Sell Used to liquidate a long position for the specified symbol.
Sell Short Sell to Open Sell Sell Used to establish, or add to, a short position for the specified symbol.  
Buy to Cover Buy to Close     Used to liquidate a short position for the specified symbol.