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Would you, if you were in my position, stay in the most recent contract and roll it over, or get something further away? What are the advantages and disadvantages of these different routes? Doesn't seem to make a tax difference if what you say is accurate, that either way I have to pay taxes...

USA

I'm new to long term futures trading, but have some positions in Brent crude that I was wondering about how to trade, given the roll over aspect of the contract, as well as the tax consequences. I was thinking that I may hold the futures for many months, possibly over 1 year. Should I stay in...