Odd beginnner question

In forex, if i were to enter a position and it it falls drastically, without a stop loss, would I still own the position the following day? Was just curious as to if I stayed with the position if I kept the trade in order to exit in the green?
Sorry for the noob question.

You could let the position run against you as long as you wanted, as long as you have enough margin to not get a margin call.

Yes, you could hold it the until the next day or further.

Holding a position that goes against you and hoping it will come back (based only on hoping and preying and not an edge) is one of the worst things you can do. Losing trades have to be a part of any trading strategy.