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

Multiple Choice Questions

1. What is the stock Livingston buys to restart his career?
(a) Winchester guns.
(b) Standard Oil.
(c) Bethlehem Steel.
(d) Pullman Railroad.

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

3. What does Livingston do when he proves himself right about the market in Chapter IX?
(a) Sells stock.
(b) Buys stock.
(c) Sells high end stock and buys low end stock.
(d) Holds steady.

4. What happens to Livingston after his dealings with Percy Thomas?
(a) He gets married.
(b) He becomes ill.
(c) Nothing happens to him.
(d) He moves back into oil stock.

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

Short Answer Questions

1. What does Livingston decide to buy next?

2. Why does Livingston declare bankruptcy?

3. What can a trader do by applying rules to a pattern?

4. Where does Livingston go when he leaves Boston?

5. What does Livingston say to do with anything showing a loss?

(see the answer key)

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