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The firm does provide training. The $5,500 is basically to cover any potential losses that may occur. I'm pretty sure you do not need to continue to keep $5,500 if you need to use that amount to cover losses, but that is certainly something I will look to get clarification on prior to going...

I have a potential to start a new job as a Proprietary Trader for a firm in Manhattan, but it involves a capital contribution and before I commit to anything just have a question on it. First I guess some background, I'm in my late 20's a college graduate in the NYC metro. I previously...