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This test consists of 5 multiple choice questions, 5 short answer questions, and 10 short essay questions.
Multiple Choice Questions
1. What does Livingston say financial news in the papers is?
(a) Up-to-date.
(b) Very helpful.
(c) Retrospective.
(d) Useless.
2. How much money does Livingston have when he goes to Wall Street?
(a) $4500.
(b) $2500.
(c) $5000.
(d) $10,000.
3. What does the phrase "go long" mean?
(a) To buy stock.
(b) To sell any stock within 30 days.
(c) To wait a long time to sell.
(d) To buy stock that's been on the market a long time.
4. What should one decide to do in order to make money?
(a) Sell when you need money.
(b) Hold on to the stock until it starts to drop.
(c) Stay in for the long haul.
(d) Let a financial advisor handle your deals.
5. Under what authority are bucket shops allowed?
(a) Thet are established by New York State government.
(b) The NYSE authorizes them.
(c) The local constable signs the permit.
(d) They are not legal.
Short Answer Questions
1. What does Livingston do about his concerns in 1906?
2. What does Union Pacific announce that dismays Livingston?
3. What does Roberts suggest to Livingston?
4. What can a trader do by applying rules to a pattern?
5. What does Livingston do after he sold all the stock in Union Pacific and after the earthquake?
Short Essay Questions
1. What's the difference between trading on Wall Street and bucket shops and how does it affect Livingston?
2. What do customers in bucket shops do?
3. What does Livingston say one should do in a rising or falling market?
4. Why does Livingston wish he had not listened to his branch manager?
5. How long does Livingston stay in Boston and then what does he do?
6. What commodities has Livingston been trading and how is that going?
7. What does Livingston believe is his best guide to trading and what does he say a good trader must be?
8. What does Livingston say must be available in order to sell a stock and why?
9. What does Livingston see the market doing, what does he think will happen and what does he do about it?
10. What does the trader Roberts suggest to Livingston?
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This section contains 803 words (approx. 3 pages at 300 words per page) |
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