Thanks, Archer.

10 lots = $10,000 out of $50,000 (20%). So I thought I was being safe for drawdowns. Correct? If I open an account with $1,000, and buy .2 lots ($200), would it give me enough margin for any drawdowns?

One more point, as my account grows and if I still buy fixed lot size, I would have more margin for large drawdowns. Correct? e.g. Account balance now is $79,000 and I am still buying 10 lots.

I am still learning, so would appreciate any feedback.

Thanks.