Lucid Trading Prop Firm has quickly gained attention as a transparent, trader-friendly futures firm. With flexible funding paths, fast payouts, and minimal hidden rules, it’s built for traders who want clarity and speed. If you’re trading with Lucid, using PickMyTrade to automate your entries and exits on ProjectX can help you stay consistent, reduce manual errors, and meet Lucid’s rules while maximizing potential.
About Lucid Trading Prop Firm
Here are important facts & features about Lucid Trading Prop Firm:
- It offers two main ways to get funded: LucidTest (evaluation challenge) and LucidDirect (“go straight to funded”). You can skip the eval if you go with Direct.
- No activation fees for LucidPro once you pass LucidTest.
- Profit split: 100% of the first $10,000 profit, then 90/10 after.
- Very fast payouts: average payout time ~ 15 minutes after submission.
- Account sizes: typically $50,000-$150,000 in evaluation/funded offerings.
- Supports ProjectX as one of its trading platforms.
- Attractive trader reviews: Trustpilot rating ~4.8/5. Many praise clear rules, fast payouts, and good support.
Why Automate Lucid Trading on ProjectX with PickMyTrade
ProjectX is a powerful futures trading platform. Some of its features:
- TradingView-style charting, real-time market data, etc.
- Strong risk control tools: daily loss limits, auto-flatten, depth of market, etc.
By integrating PickMyTrade, Lucid Trading users can:
- Trigger orders automatically from TradingView alerts
- Use bracket orders, stop-loss / take-profit setups
- Scale across multiple Liv-funded or evaluation accounts
- Reduce manual mistakes (missed signals, wrong sizes, etc.)
This helps meeting Lucid’s consistency, drawdown, and risk rules more reliably.
Automation Workflow
TradingView Alert → PickMyTrade → ProjectX Execution → Lucid Trading Prop Firm Account
Click Here To Automate Lucid Trading Prop Firm On ProjectX
Step-by-Step: Automate Lucid Trading with PickMyTrade & ProjectX
| Step | Action |
|---|---|
| 1 | Check Lucid’s Policy: Confirm Lucid Trading allows third-party automation (PickMyTrade) via ProjectX. |
| 2 | Get ProjectX Access: Log into Lucid account and ensure ProjectX credentials are active. |
| 3 | Connect PickMyTrade: In PickMyTrade, go to Connections → Add ProjectX → input credentials. |
| 4 | Generate Alerts: Use PickMyTrade’s alert builder to prepare the JSON/webhook (symbol, qty, SL/TP, etc.). |
| 5 | Set TradingView Alerts: Paste the webhook + JSON into your TradingView strategy alert configuration. |
| 6 | Demo Test: If Lucid / ProjectX have demo mode, test a series of orders to verify SL/TP, sizing, etc. |
| 7 | Go Live Carefully: Begin with small trade sizes, monitor for slippage or misfires, gradually scale. |
Pro Tips & Best Practices
- Always include stop-loss and take-profit in your automated orders.
- Use cooldown filters (time between trades) to avoid duplicate alerts.
- Mind Lucid’s drawdown rules (end-of-day drawdowns) and any consistency metrics.
- Trade during high liquidity periods.
- Keep detailed logs of all alerts and executions for review and compliance.
Common Pitfalls & How to Avoid Them
- Automation without checking policy first → risk account issues.
- Hand-typing JSON → formatting errors, wrong parameters.
- Skipping tests in demo → surprises in live trades.
- Forgetting to select correct environment (demo vs live).
Why This Matters for Lucid Trading Traders
Lucid’s fast payouts, clear rules, and strong profit splits are good—but automation is what lets you fully exploit those advantages. With PickMyTrade + ProjectX:
- You get speed + precision.
- Reduced human error.
- Better consistency, which often is what prop firms measure.
- More time focusing on strategy rather than execution.
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 TX3 Funding Futures Trading on ProjectX
