I have modeled for a 50% drawdown. Based on my 3 years in the market I know I can easily take 70-80% if the losses are within my statistical expectation. Forex is a passing interest for me. I have plans of moving into other areas of finance but forex trading seems to ground me in the world of now, so I cant let go.

If I run a backtest or a WFO and based on my estimation I can expect to lose 250 dollars and I start trading and actually lose that 250 dollars I would have to say everything is within statistical expectations. Again it comes down to how much you are ready to lose.