Quick IOrder.Action Question

[trader_rick]

Hi guys,

Please can you confirm the following (ignoring partial fills);

Action.Buy means initiate a new long position from flat.
Action.Sell means close an existing long position.

Action.SellShort means initiate a new short position from flat.
Action.BuyToCover means close an existing short position.

Is this correct?

thanks

[NinjaTrader_Bertrand]

trader_rick, your understanding is correct.