what is the different between “Market” and “Market – Reverse existing”?

“Market” and “Market – Reverse existing” in Order type.

The explanation I found on the website is not detailed.

About “Market” question, which is correct:

1. If I have holding long position, when short signal,  short position trade in. so we have long position and short position at the same time.

2. If I have holding long position, when short signal, Since the long position did not close，short position can not trade in.  we must wait long position closed,  next short signal can let short position trade in.

 

About “Market – Reverse existing”, Is the following understanding correct: 

1. If I have holding long position, when short signal, it will close long position and let short position trade in.

 

 

Hi,

the only difference between simple Market and Market Reverse is that the second one (long for example) closes an opposite short position with the same magic number if there is any