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

Multiple Choice Questions

1. What does the pattern ignore that can create a problem?
(a) What time of year it is.
(b) Brand new public offerings.
(c) Underlying conditions.
(d) Political ramifications.

2. What does Livingston complain about Wall Street?
(a) How the market goes up and down too much.
(b) How slow trades are.
(c) How everyone is unfriendly.
(d) How much money he lost.

3. What should one do in a bull market?
(a) Buy stock.
(b) Wait and see.
(c) Stick with index funds.
(d) Buy one week, sell the next.

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

5. How old was Livingston when he made his first $1000?
(a) 15.
(b) 17.
(c) 19.
(d) 21.

Short Answer Questions

1. How long does Livingston stay in Boston the second time he goes there?

2. Why does Livingston return to Boston?

3. How does Livingston feel about the amount of money he's making?

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

5. What does Livingston decide from the Union Pacific situation?

(see the answer key)

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