Sell Order
An instruction to sell a currency pair, opening a short position.
Full Definition
A sell order instructs your broker to sell the base currency in a forex pair, opening a short position. In a pair like EUR/USD, selling means you expect the euro to weaken against the US dollar, and you profit when the price falls below your entry.
Unlike stocks, selling in forex is just as natural as buying because every currency trade automatically involves selling one side and buying the other. A sell order can execute immediately at market price, or be placed as a pending order. A sell limit waits for the price to rise to a level above the current price before triggering, and a sell stop activates only when the price falls to a level below the current price, typically used when a support level breaks.
For example, if you sell EUR/USD at 1.0900 with a standard lot, each pip is worth roughly $10. If the price drops to 1.0850, that is a 50 pip move in your favor, giving you $500 in profit. If the price rises to 1.0950, you lose $500. Stop losses and take profits can be attached when the sell order is placed, closing the trade automatically at defined levels.
In copy trading, sell orders work the same way as buy orders — just in the opposite direction. When SteadyFlowFX's strategy issues a sell, the system replicates it across subscriber accounts scaled to each account size. Being comfortable with sell orders lets you follow a bidirectional strategy without hesitation and check your trade history to confirm that each copied trade matches the master account on direction and relative size.