View a FREE sample

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

Multiple Choice Questions

1. When can one only sell stock?
(a) When your manager authorizes the sell.
(b) When there's a willing buyer.
(c) When the company is stable.
(d) When the stock is worth more than paid for.

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

3. What does Livingston think is his best guide to trading?
(a) Standard and Poor's index of stock.
(b) Himself.
(c) The Fortune 500.
(d) What happens in Washington D.C.

4. What does Livingston want to do when he sees the market rallying?
(a) Prove it's only temporary.
(b) Buy a lot of stock.
(c) Switch to bonds.
(d) Not do anything.

5. What does Livingston figure out he has to do to make a lot of money?
(a) Play one stock consistently.
(b) Trade on broad principles.
(c) Spread his money around.
(d) Keep his money riding longer.

Short Answer Questions

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

2. What does Livingston do when the alternate exchanges start to try and manipulate him?

3. What does Livingston say is impossible to catch?

4. What happens when one places an order on Wall Street time wise?

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

(see the answer key)

This section contains 284 words (approx. 1 page at 300 words per page) View a FREE sample