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Meaning of entry and exit names

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    Meaning of entry and exit names

    I am studying the different names that appear in the "exit name" column of the strategy analyzer.

    I use EnterLong, ExitLong, EnterShort and ExitShort

    I understand the following:

    When the system goes long "buy" appears in the entry name column
    When the system goes short "Sell short" appears in the entry name column

    I need help with understanding the exit names:
    The exit name for a "buy" is always "sell"
    The exit name for a "sell" is sometimes "buy to cover" and other times "Close Position"

    Please confirm:
    "buy to cover" is the result of a "exitshort"
    "close position" as the exit name for a short trade means the system closed the trade because it went enterlong

    Important: As stated above the exit name for "buy" entry is always "sell". Why is it never "sell to cover" or "close position". Does "sell" actually mean "sell to cover" - it seems inconsistent

    #2
    - "sell" exits a long position
    - "buy to cover" exits a short position
    - there is no "sell to cover"
    - long/short positions might be exited by a NT generated internal "Close position" order caused by an entry at the opposite side of the market

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