I have traded for myself for the past 2-3 years now. mainly trading equity derivatives (calls and puts) and playing with implied volatility to get in and out of derivatives. my question to all is I have recently moved to New York and was interested in trading with leverage in a professional place. I went on an interview with WTS Prop Group last week and have been invited to their Training Program. 1.) What are peoples' experience with WTS? 2.) What do these people make monthly/annually, how are they paid out? 3.) What is the 1500 deposit used for? 4.) What do they actually teach you in the training course 5.) What happens if you lose money? Make money? 6.) What type of leverage are we looking at here, and what do these people usually make? 7.) What is in it for these prop firms, what advantages do they have that retail people dont? Please answer one, all or shed some light. I am not new to trading, just new to the prop game.