Well, this is the most basic question that a newbie ask, when you start practicing or using meta trader, this is the most common thing that a newbie do.
Below is the picture of order for newbies to understand what is order?
When you use meta trader then you have to open an order whether buy or sell, to trade in this market. To open order window you can do two things, either double click on any currency pair in Market Watch column, or just simply press F9 button and you will see order window as you can see above.
Here you can see two buttons, one is red and other is blue. The red button is called sell as you can see in picture, and blue is buy. Why these are sell and buy? let see an example, if you see the market movement, the market is going up, and if you think that market will go up more, then you will open buy order, when you will press buy order, you will see floating minus in your total. This is spread that you pay to broker. Now, if you have opened a buy order that is 1.3077 in Eur/usd, then you will have to follow the red line to cross 1.3077, when the red line will be on 1.3077, it means your loss of spread has been covered. If the red line cross 1.3077 then you will earn on per pip basis. Similarly, if you think that market will go down or fall, then you will open sell option (the red button). and you will follow the blue line.
These all things are to open order, now how to close the order to get profits? it is very simple, you will see a yellow button below these two red and blue buttons. To find out that button, you will have to double click on your existing opened order. As you can see below:
Just click on this yellow button and your order will be closed. Whether negative or positive.
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