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

Multiple Choice Questions

1. What does Livingston say is a good method to make a stock look good?
(a) Buy a lot of that stock.
(b) Buy and sell rapidly.
(c) Use inside trading.
(d) Sell most of the stock.

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

3. Why is Livingston having a hard time increasing his money?
(a) The bucket shops are mostly shut down.
(b) He keeps losing his bets.
(c) His name is too well known.
(d) It's a new game he doesn't know.

4. When does Livingston hate losing money the most?
(a) When another trader manipulates him into the loss.
(b) When he follows someone's tip.
(c) When he does everything right.
(d) When he needs money for a stake.

5. How much regulation is there in the stock market during Livingston's era?
(a) There is a moderate amount.
(b) It has many rules.
(c) The SDIC is watching everyone constantly.
(d) Very little regulation.

Short Answer Questions

1. What did Livingston decide to look at when thinking about what to buy or sell?

2. What type of time is the trading at a bucket shop?

3. What does Livingston finally begin to study?

4. What kind of regulation is enacted during war time?

5. What happens to Livingston when someone buys up all the corn?

(see the answer key)

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