> In all these cases. You are likely to loose 100% of the sum you invested. Nah, for example in case 3 you don't lose your full capital. You just have either p

> In all these cases. You are likely to loose 100% of the sum you invested. Nah, for example in case 3 you don't lose your full capital. You just have either position open without hedging the risk whatever reason. Case 4, case 5, for you to lose your full capital it has to happen for both exchanges. There are risks and I'm not saying that it might make sense to take those risks, just saying that you are now giving equally wrong picture of the risks.