I been buying VI for little over a year for long term futures. My long term on futures is original entry to always be going against main trends. My last trade will be the homerun trade but usually after many losses but I hedge, and except for rollovers for expenses. I never have trailing stops and have on occasion lost over $25k on positions that reversed before showing exit patterns, but I been using generally same method since 93/94. My longest trade so far has been 4.5 years in copper recently and reversed.
So what you planning on doing will work, I would never have no protective stops unless sugar gets down to 2 cents again. I use to think way you do, but have taken pretty good beatings without stops in the beginning, some markets can go sideways for years and you sitting with huge losses.