What weekly return is possible in forex?

<p>There are many “social” or “mirror” or “follow” trading operations that offer a consistent 2% weekly return. In my opinion (30+ years in trading markets) they are all scammers. There is a way to cheat the system that creates what looks like steady earnings for a trading account. Without going into detail, its done by taking small profits on every winning trade (say 10–30 pips) but NEVER closing a losing trade. Eventually this type of risk taking is GUARANTEED to bust you, but if they have a good run for a year or two their earnings track record looks very good. A consistent, upward trending profit profile. The problem with the question is that risk and reward are related. To get higher rewards, you must take higher risks. Earning a good% a week (even on average) requires a very high level of risk taking.</p>

<p>It is probably rather active trading than investing. But yes, you can make good% a week or per day or even in a good hour. The basis remains the same: you need a strategy that works with what the market offers you and is suitable for your mentality. In other words: learn trading. The classics like chart pattern and technical stuff. The basics of leverage &amp; margin, money management … just to name a few. If you’re looking for longer term trading (which would probably come closer to investment) you need a good understanding of fundamentals, too.</p>