responses: - stage_id: summarize-source input_artifact_id: "*" markdown: | # Source Summary The chapter follows the narrator's first encounters with quotation boards, the New York Stock Exchange, and the bucket-shop circuit. It establishes tape reading as the craft on which his later trades are built. - stage_id: extract-entities input_artifact_id: "*" markdown: | # Larry Livingston ## Category trader ## Definition The first-person narrator, a young quotation-board boy turning bucket-shop trader, modeled on Jesse Livermore. ## Context Lefevre uses Livingston to dramatize the apprenticeship of a stock operator across the chapter. # Bucket Shop ## Category institution ## Definition A 1900s retail brokerage that took the other side of customer tape bets without executing actual exchange orders. ## Context The bucket shop is where the narrator earns and loses his first stakes. # Tape Reading ## Category strategy ## Definition Inferring price intent and momentum from the ticker tape rather than from fundamental valuation. ## Context The chapter frames tape reading as a learnable pattern skill, not luck. - stage_id: extract-relations input_artifact_id: "*" markdown: | # Larry Livingston Practices Tape Reading ## Subject Larry Livingston ## Predicate practices ## Object Tape Reading ## Relation Type strategy_outcome ## Evidence The narrator describes long hours reading the tape at the bucket shop and the small book of hits and misses he keeps. # Bucket Shop Hosts Larry Livingston ## Subject Bucket Shop ## Predicate hosts ## Object Larry Livingston ## Relation Type actor_venue ## Evidence The narrator's first profits come from trading inside a bucket shop. - stage_id: evaluate-entity input_artifact_id: "*" markdown: | --- artifact_id: entity/larry-livingston.md evaluator: fixture evaluated_at: '2026-05-17T00:00:00' scores: - name: groundedness value: 4.0 max_value: 5.0 - name: lesson_clarity value: 4.0 max_value: 5.0 - name: historical_context value: 4.0 max_value: 5.0 - name: overgeneralization_risk value: 4.0 max_value: 5.0 --- # Evaluation: entity/larry-livingston.md