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Trailing Stops – Can they Increase Your Profits? - Forex ... With a standard trailing stop the take profit level is usually left unset or at least set very wide so that the profits can run. This way the trade will usually exit when the stop loss is hit rather than when the take profit is hit. For this reason some traders prefer to use a variation on this known as the capped trailing stop… Forex Definitions: Stop Loss, Take Profit and Trailing ...