A caveman can do it trading without a stop, hoping that it will continue going up, but as we know it upside cycles do end and volatility can also wipe out accounts.
Absolutely, never trade with out protection. As long as the long term trend is up that's the direction I trade in. Always remember, everyone likes a rising market, and the media and wall street favor it as well.
Look what we have here, this will push it way up into lunch hour....Buying back in at 17605 5 contracts.
Without a doubt the early morning losses will be long gone by lunch time. I can see it in the price action.