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The scenario you outline above is precisely the source of my paranoia. Why would any firm bring you on as a trainee without making you sign something first? How would they properly "incentivize" you to stay with their firm?

Thanks Don - you know I would agree 100% yet this firm says they do not have contracts with any of their traders/trainees. I am coming on as a trainee putting up $0. The firm has been mentioned in a few threads already as having good traders. I guess good traders does not necessarily equal...

Thanks Bryan - I'm not looking for job security. Judging by your response, then it is almost to my advantage to not have to sign any documents correct?

I am about to leave my current employment for a job at a pro firm. They tell me they have no offer letters/contracts to sign. Do I press the firm for some sort of written documentation of my employment before I accept to ensure that they don't DK me when I show up for work in a month? Does...