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This quiz consists of 5 multiple choice and 5 short answer questions through Chapter IV.

Multiple Choice Questions

1. Where does Livingston go when he leaves Boston?
(a) Florida.
(b) Washington D.C.
(c) New York.
(d) Pittsburgh.

2. According to Livingston why should no one trade every day?
(a) The excitement leads to mistakes.
(b) It cost too much money.
(c) It is too tiring.
(d) It's not good for the soul.

3. How does Livingston play on the market when he returns from St. Louis?
(a) Frantically.
(b) Carelessly.
(c) Cautiously.
(d) Confidently.

4. What is one trait Livingston says a successful stock trader must have?
(a) Confidence.
(b) Control of emotions.
(c) Ability to spend money.
(d) Ability to make friends.

5. How much regulation is there in the stock market during Livingston's era?
(a) The SDIC is watching everyone constantly.
(b) Very little regulation.
(c) It has many rules.
(d) There is a moderate amount.

Short Answer Questions

1. What is Livingston's job at a bucket shop?

2. What is affected the most by timing on Wall Street?

3. Why did Livingston stop in New Haven on his way to New York?

4. The price on the stocks in bucket shops is in what according to time?

5. How much money does Livingston have when he goes to Wall Street?

(see the answer key)

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