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

Multiple Choice Questions

1. How does he say one trader made money?
(a) Doing the opposite of any tip.
(b) Getting tips from insiders.
(c) Getting tips from the newspaper.
(d) Selling tips to others.

2. Who was a famous stock manipulator Livingston mentions?
(a) Chester Bollocks.
(b) James R. Keene.
(c) Rupert W. Hatfield.
(d) Preston N. Roovelt.

3. What kind of trading is done at a bucket shop?
(a) Subjective.
(b) Highly technical.
(c) Throw back.
(d) Superficial.

4. What does experience give a successful stock trader?
(a) Friends.
(b) Respect.
(c) A job.
(d) Learning.

5. What does Williamson agree to allow Livingston to do?
(a) He gives him another stake.
(b) Buy 500 shares of one stock.
(c) Open an account with him.
(d) Manipulate the price of cotton.

Short Answer Questions

1. Where does Livingston go when he leaves Boston?

2. What must a successful stock trader do?

3. What does Livingston decide from the Union Pacific situation?

4. What's the difference between working on the stock exchange and the bucket shops?

5. To what does Livingston attribute his success?

(see the answer key)

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