I am reporting here a discussion that has been initiated in another thread because I do not want to mess the other topic with this "lateral issue " Can you give me your opinion in using a buy and hold strategy with the futures: it possible to implement a strategy similar to the buy and hold of the spot? One of our fellow in the other discussion is suggesting the following: "The only way I can think of replicating this strategy is by rolling over every three months. Not exactly the most exciting prospect."