Why is Trailing take profit a non existent functionality from brokers

Question

If i understand  this correct a trailing stop loss line can be put between the current market price and what you bought  it for  and your taking an L  on the trade ...etc...
but why is the opposite practically  non existent  on brokers
eg : you buy long and your making money £50+ in profit ...but you are unsure whether its gonna go up more  or not so instead of closing then and there you say ok ...im fine with making £30 profit so you place a trailing  take profit ...and then the market price falls below that line and you close with £30 profit...instead of having to constantly  look at your portfolio to check if your still making a profit.
ps you can only put take profit at above what the current market price is at any given time.

Joe · Answer

I think you misunderstand stop orders, if I understand your question right.
Stop Loss order is "I bought for $20, if it goes below $18 sell".  That's a "avoid losing too much money" order.  It can be set at a point below, or above, the original sale point; if the stock is now $30 you could set it at $27, no problem.
Trailing Stop order is "The current market price is $30, if it loses more than 10%, sell, and adjust this order up if the stock moves up."  It locks in profits on a stock, basically.  It adjusts with that current market price; it's used to do what you say in the question, attempts to lock in profits on a profitable long position that is relatively constantly growing.
Both can do what you're describing to some extent; the difference is in whether it automatically adjusts up or not.  Don't be confused by the word "loss" here; it's a loss relative to the current moment, not a loss relative to your original purchase price.
If that's not what you're asking for, then please clarify the question.  This Investopedia page explains limit sell orders.

Why is Trailing take profit a non existent functionality from brokers

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