--- title: Traders Launch Automation on IBKR with PickMyTrade slug: traders-launch-ibkr-automation-pickmytrade date: 2025-08-28 modified: 2026-04-07 author: Prajwal Khairnar excerpt: "" meta_description: "Learn how to automate Traders Launch funded accounts on Interactive Brokers using PickMyTrade. Step-by-step setup, JSON alerts, and pro tips." focus_keyword: Traders Launch canonical_url: "https://blog.pickmytrade.io/traders-launch-ibkr-automation-pickmytrade/" og_title: Traders Launch Automation on IBKR with PickMyTrade og_description: "Learn how to automate Traders Launch funded accounts on Interactive Brokers using PickMyTrade. Step-by-step setup, JSON alerts, and pro tips." og_image: "https://blog.pickmytrade.io/wp-content/uploads/2025/08/20250828_0825_Futuristic-Trading-Station_simple_compose_01k3q9h73aeea9d1009qeq2p1d-1024x683.avif" schema_type: FAQPage categories: - Interactive Broker - Prop Firm tags: [] reading_time: 3 word_count: 666 robots: "index, follow" lang: en-US --- # Traders Launch Automation on IBKR with PickMyTrade 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](https://pickmytrade.io "PickMyTrade - Automate TradingView") 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](https://pickmytrade.io/?utm_source=blog&utm_medium=sm) --- ## 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](https://blog.pickmytrade.io/automate-funding-traders-tradelocker-pickmytrade/) **Automate Your TradingView Strategies** Connect your alerts with [PickMyTrade](https://pickmytrade.io "PickMyTrade") — automated trade execution, no coding required. [Start free →](https://pickmytrade.io/pricing) For AI tools & developers:[View Markdown →](https://blog.pickmytrade.io/traders-launch-ibkr-automation-pickmytrade.md)