margin/SL

please help with this example: If my margin used is $527(50:1) and my
SL -50. As long as I do not make any adjustments to my SL if my trade goes against me and I am stopped out will I just lose -50???
So if my SL is under my margin used I will always have control of my risk?

thanks

edit..pip equals $1.00

depends on the size of the order and the price per pip. With a stop loss of 50 you are saying that if the price goes against you 50 pips then close the position. If the amount per pip is 10.00 then you could lose 500.00.

sorry, pip equals $1.00..

thanks

not always , but ussualy and supposely that's what stop loss are intended to do, worry not for any slipage if the size is $1 a pip, (i guess)