ELI5 selling on exchange (polo) and open orders

Briefly, I had (have?) nem. Sold yesterday market was moving down. Order still shows as open in polo. Still showing as nem in balances.

From reading I understand that the market doesn't buy, other people do. I don't understand then how coins are ever sold in a falling market because the price when I hit sell will then be forever higher than the current price (if it never goes that high again), does everyones orders just remain open?

So now am unsure what am meant to do, cancel order when sold was hit at a good price and is lower now, keep the order open but it may never gets filled etc?

Thanks and sorry am new to this!

submitted by /u/naikii
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