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

Multiple Choice Questions

1. What is Livingston's job at a bucket shop?
(a) Stock broker.
(b) Quotation boy.
(c) Runner.
(d) Trader.

2. Where does Livingston go with his $500?
(a) To Boston.
(b) To St. Louis.
(c) To Atlanta.
(d) To Dallas.

3. How long does Livingston stay in Boston the second time he goes there?
(a) Two years.
(b) Two weeks.
(c) A year.
(d) Six months.

4. What does experience give a successful stock trader?
(a) Learning.
(b) A job.
(c) Respect.
(d) Friends.

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

Short Answer Questions

1. What kind of trading is done at a bucket shop?

2. Where does Livingston go when he leaves Boston?

3. Why can bets be carefully timed in bucket shops?

4. What does Livingston complain about Wall Street?

5. Why does Livingston return to Boston?

(see the answer key)

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