Advice on how to make 5%/month on $1 million

Doable，but probably not 2-3 hours a day, at least not for the starting year(s):

 

Trade with leverage (futures or options).
Be very patient on set-ups. Trade less not more.
Have someone who has done it before guide you.
Need to have a proven strategy before just playing cowboy.

I'd look into trending currency markets, Equity indices, crude oil, and gold.

 

You guys still didn't understand OP well.
Of course 80% is doable, but read his restrictions: no more than 50 trades per month; no more than 2-3 hours trading per day, and low risk.

Mission impossible.

 

How do you trade ETFs when stocks markets are closed?

 

Why? the markets are zero sum game we need his million. dont be a samaritan (and that is a very polite form of what i really think)

 

It's actually almost 80% annualized return: 1.05^12

 

Wall street opens at 6:30 AM PACIFIC TIME. (I guess you missed that bit about the time zone.)

 

I have some experience trading gold, it can behave like fx at times and becomes random.
Actually I find it frustrating at times, not fun.
My intention into the future is to stop trading it, but not just yet.

 

The only people I have heard of who do this are home based option traders- at least that is what the people selling the courses say.

 

https://www.thelookinglass.com/fear...KMNwmPgCG4kxm8NEUhWZLsoaCd5phpVKtL4U1tyR1TsZs

From another thread here. Average 57% annually with public filings and certified audits. Very - very smart folks with lots of expensive talent and technology.