Chance of loosing or sure loss

Beginner Questions
#1

[B]This is the SECCOND POLL[/B]

Before you guys taking this poll make sure you do the first poll, here:
You MUST take the first poll first then take this one, click me

:slight_smile: Now after you make decision at 1st poll [B]assume[/B] you got the Bucks on your pocket…

Now it comes the rainy day, which cannot be avoid only 2 choices can save you or not save you…
a) Sure loss of $700
or…
b) 75% chance of losing $1000 and 25% chance of losing nothing

So whats your gonna choose the red pills or the blue pills…

#2

Once again, I’ll take the $700 sure thing.

#3

ill take the $700 loss. If my max win was $700 then im not going to risk more than my reward.

#4

Got to agree with your reasoning johnny

#5

Loss, you end up almost even, (minus commission).
A penny saved is a penny earned.
I personally count the commissions (fees, taxes, fines … ). :smiley:

#6

I go for the 2nd choice - 75% chance of losing $1000, 25% chance of losing nothing!! :smiley: :smiley: :smiley:

#7

I go for the 2nd choice - 75% chance of losing $1000, 25% chance of losing nothing!!

Tymen i know you are kidding coz you like to elicit a response and go against the grain

#8

I would take the sure loss of $700.

Because, well, I got a sure gain of $700 in the other thread anyways. :smiley:

#9

Yup this polls is still interesting to me :slight_smile:
knowing other fellow traders mind is real interesting…