Set and Forget Outcomes!

I have been hunting forums for some insight into a Set and Forget Outcomes. Not really looking for a how to, but the pro's and con's of making this trade.
Seems to me if you can get into a trending pair and let them run you can make some pips? I have read a one comment that suggests a once a year trade will work with the trend. The method involves using a SL of maybe 20% or less of your account..a positive carry would help too!! Also, use a Stop of a major trend line..

I am guessing it is a flawed method cause no one does it...But, I am having a thought that it might be profitable but too simple for most and no fun for traders.

Any comment would be appreciated.

I am going to demo and journal this method tonight..see what happens!!

generalz

actually, many people do it. people trade the carry trade all the time. this is basically the same principle as what your talking about if i understand you right.