[Jason Strasser (strassa2)]

First year you get trained. So for 1-2 months you go to a classroom like setup to learn stuff. Then you go on desk rotation where you spend 5 weeks at a desk and rotate through something like 4-5 desks. Then by the end of the year, you get your feet wet trading. By your second year you probably are getting comfortable with a book and are starting to trade, but the amt of capital they give you is limited. By the end of your second year, the firm will either let you go if they don't want you, or promote you from analyst to associate. Then you get a higher base salary and higher levels of capital to invest. Then, if you do well, you start looking at 7 figure bonus checks.

-Jason