Are you trading with Traders Launch and looking for a seamless way to execute strategies on Interactive Brokers? With PickMyTrade automation, funded traders can bridge TradingView alerts directly into their prop firm accounts. This setup eliminates manual order entry, helps meet prop firm rules, and keeps your trading consistent and disciplined.
What Is Traders Launch Prop Firm?
Traders Launch is a U.S.-based proprietary trading firm founded by Max Thomas in 2021, giving traders access to funded futures and stock accounts. The firm has quickly gained recognition for its transparency, flexibility, and integration with Interactive Brokers (IBKR).
Here’s why Traders Launch is becoming a favorite among traders:
- Funding Program:
Evaluation includes two phases:- Phase 1: 6% profit target, max 6% drawdown, and 3% daily loss.
- Phase 2: 4% additional profit, same risk rules.
Once passed, traders get funded via IBKR Pro.
- Account Sizes: From $5,000 up to $100,000, catering to both small and larger traders.
- Markets & Platforms: Access to ETFs, ~300 liquid stocks, plus futures on indices and metals. Funded traders use Interactive Brokers and T3 Global platforms.
- Profit Split: 100% profit split on first 6% (Phase 1), then 80% ongoing with rapid payout options.
- Flexibility: No time limits on challenges, no consistency rules once funded, giving traders the freedom to grow at their own pace.
Why Automate Traders Launch Accounts with PickMyTrade?
Passing Traders Launch evaluations and managing funded accounts requires discipline and speed. Manual order entry often leads to:
- Slippage and late entries
- Human errors in order sizing
- Emotional trading mistakes
This is where PickMyTrade automation shines. By linking your TradingView strategy alerts to your Traders Launch IBKR account, you get:
- Instant execution from alerts—no lag
- Bracket orders with built-in stop-loss & take-profit
- Multi-account support—funded + demo
- Cloud-based execution (no need to keep your PC running)
Automation helps Traders Launch traders stick to rules, execute consistently, and progress faster toward scaling.
Automation Flow
TradingView → PickMyTrade Webhook → Interactive Brokers (IBKR) → Traders Launch Account Execution
Click Here To Automate Traders Launch on IBKR
Step-by-Step Guide: Automating Traders Launch with PickMyTrade
| Step | Action |
|---|---|
| 1 | Confirm with Traders Launch support that automation is allowed. |
| 2 | Log into your Traders Launch dashboard and retrieve IBKR credentials. |
| 3 | Register on PickMyTrade and connect your IBKR account under “Connections.” |
| 4 | Generate TradingView webhook messages (symbol, order, SL, TP) with PickMyTrade’s alert generator. |
| 5 | Paste webhook URLs into your TradingView alerts. |
| 6 | Test automation in IBKR demo to validate execution and risk management. |
| 7 | Go live with small trades, monitor, and scale responsibly. |
Pro Tips for Traders Using Automation
- Always use bracket orders for risk control.
- Trade during high liquidity hours to avoid slippage.
- Set PnL limits in PickMyTrade to avoid breaching prop firm rules.
- Enable cooldown filters for strategies that give multiple signals.
- Keep a trade log to review automation performance and compliance.
Common Mistakes to Avoid
- Skipping Traders Launch policy checks on automation.
- Copy-pasting incorrect JSON (use PickMyTrade’s generator for accuracy).
- Going live without demo testing first.
- Sending alerts to the wrong environment (demo vs. live).
Why Traders Launch Traders Should Automate
By combining IBKR’s prop firm flexibility with PickMyTrade automation, traders unlock:
- Consistency in evaluation and funded accounts
- Faster execution without human errors
- Discipline by removing emotional trading decisions
- A scalable way to grow into larger account sizes
For traders aiming to pass challenges and grow long-term, automation is the edge that makes the difference.
Disclaimer:
This content is for informational purposes only and does not constitute financial, investment, or trading advice. Trading and investing in financial markets involve risk, and it is possible to lose some or all of your capital. Always perform your own research and consult with a licensed financial advisor before making any trading decisions. The mention of any proprietary trading firms, brokers, does not constitute an endorsement or partnership. Ensure you understand all terms, conditions, and compliance requirements of the firms and platforms you use.
Also Checkout: Automate Funding Traders on TradeLocker with PickMyTrade
