Reminiscences of a Stock Operator Short Essay - Answer Key

Edwin Lefèvre
This set of Lesson Plans consists of approximately 135 pages of tests, essay questions, lessons, and other teaching materials.

Reminiscences of a Stock Operator Short Essay - Answer Key

Edwin Lefèvre
This set of Lesson Plans consists of approximately 135 pages of tests, essay questions, lessons, and other teaching materials.
Buy the Reminiscences of a Stock Operator Lesson Plans

1. What job did Livingston have when the book opened and how are stock quotes done?

Livingston has a job as a quotation-boy at a "bucket shop" in Boston. Quotes for stocks are called out as they come across the ticker tape, and are written on a large board.

2. What do customers in bucket shops do?

Customers place bets on whether stocks will go up or down and can bet on the margin if the house allows it.

3. How much regulation is there in the stocks in Livingston's era and how did that affect the stocks?

There is very little regulation and the volume of trades is small, so it is relatively easy for the price of a stock or commodity to be influenced by a single person or for market manipulations to occur. It is important to notice when a stock is behaving erratically and stay clear of it.

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