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

Multiple Choice Questions

1. What is one trait Livingston says a successful stock trader must have?
(a) Control of emotions.
(b) Ability to make friends.
(c) Confidence.
(d) Ability to spend money.

2. What does Livingston discuss at the beginning of this chapter about stocks?
(a) How one stock is good and one isn't.
(b) How it's all random.
(c) Various patterns.
(d) How stocks come in all sizes.

3. For what does young Livingston have an excellent memory?
(a) Numbers.
(b) People's names.
(c) Languages.
(d) Recipes.

4. What does Livingston notice about the price of Tropical Trading stock?
(a) The price is way down.
(b) The price fluctuates wildly.
(c) The price hasn't changed in four years.
(d) The price has been run up.

5. What does Livingston do to retaliate against the insiders?
(a) Sells a bunch of the parent company stock.
(b) Tells the newspaper it's going under.
(c) Tells all his friends to sell.
(d) Buys all the low priced shares.

Short Answer Questions

1. What did Livingston do about individual stocks?

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

3. What does Livingston do after the Tropical Trading event?

4. What does Livingston conclude when Union Pacific announces a dividend?

5. What don't the new bucket shops in Boston allow?

(see the answer key)

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