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

Multiple Choice Questions

1. What don't the new bucket shops in Boston allow?
(a) Large trades.
(b) Betting on only one stock.
(c) Betting on commodoties.
(d) More than two people to bet at a time.

2. Why doesn't Livingston learn the new techniques for betting on Wall Street?
(a) He doesn't read well.
(b) He makes enough to live on.
(c) He has a night job.
(d) He has to study harder.

3. What do customers at a bucket shop do?
(a) Buy stock.
(b) Bet on a stock going up or down.
(c) Buy feed buckets.
(d) Play the lottery.

4. What must a successful stock trader do?
(a) Play poker.
(b) Work for a brokage firm.
(c) Borrow money.
(d) Make the actual trade.

5. What fascinates the young Livingston?
(a) The way the stocks move up and down.
(b) The patterns on the ticker tape.
(c) How people bet.
(d) Why people come to bucket shops.

Short Answer Questions

1. What is one trait Livingston says a successful stock trader must have?

2. After Livingston gets used to Wall Street, how much does he reach at one point in the early part of his career?

3. Where does Livingston go with his $500?

4. How much regulation is there in the stock market during Livingston's era?

5. How does Livingston portray himself to the small exchanges?

(see the answer key)

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