Automate Legends Trading with TradersPost

Legends Trading connects to TradersPost through its Tradovate platform support¹. The firm was founded by GFF Brokers CEO Greg Khojikian², and its support for platforms commonly used for automated execution (Tradovate, NinjaTrader) suggests familiarity with automation. However, the firm's automation policy is not explicitly documented in public materials.

This guide covers connecting TradersPost to your Legends Trading account, managing the consistency rule with automated strategies, and what to confirm with the firm before deploying.

How TradersPost Connects to Legends Trading

TradersPost connects to Legends Trading through Tradovate¹:

• TradingView or TrendSpider fires a strategy alert
• TradersPost receives the webhook and processes the order
• Tradovate executes the trade in your Legends Trading account

Legends Trading also supports NinjaTrader and Rithmic¹, but Tradovate is the platform that integrates directly with TradersPost for webhook-based automation.

Automation Policy

Legends Trading does not explicitly state whether fully automated trading via bots or EAs is permitted in its public documentation. Factors suggesting standard automation may be tolerated:

• The firm supports NinjaTrader and Tradovate — platforms commonly used for automated execution¹
• The founder runs GFF Brokers, a registered futures brokerage with experience in automated order flow²

Before deploying a fully automated strategy, contact Legends Trading support to confirm your specific approach is acceptable. Describe whether your strategy uses TradersPost webhooks, the frequency of trades, and the level of human involvement in trade decisions.

Setting Up the Integration

Step 1: Choose Your Plan

For automated trading, the Apprentice or Straight to Master plans are recommended due to higher contract limits³. The Elite plan's lower contract limits (2 minis at $25K vs 4 on Apprentice) may restrict position sizing for automated strategies³.

Step 2: Connect Tradovate to TradersPost

Add your Legends Trading Tradovate credentials in TradersPost's broker section. Verify the account displays correctly with proper balance and position limits.

Step 3: Configure TradingView Alerts

Set up TradingView alerts with webhook messages directed to your TradersPost URL. Include entry, exit, and bracket order parameters. Ensure your strategy logic respects the contract limits for your account size³.

Step 4: Paper Trade First

Test the entire automation chain in paper mode. Monitor that position sizes stay within contract limits, that the strategy respects the consistency rule, and that trades avoid any prohibited patterns.

Managing the Consistency Rule

Legends Trading enforces a 30% consistency rule (Apprentice/Master) or 40% (Elite)³. No single day's profit can exceed that percentage of total profits. For automated strategies:

• Design your strategy to target consistent daily returns rather than large single-day gains
• Set daily profit targets that keep each day's gains below the consistency threshold
• Consider reducing position size after a particularly profitable day
• Monitor the ratio of your best day's profit to total profit regularly

Leveraging EOD Drawdown

Legends Trading uses end-of-day trailing drawdown across all plans with no daily loss limit³. For automated strategies, this means:

• Intraday equity fluctuations do not affect the drawdown calculation
• Your strategy can experience temporary intraday losses without breaching the account
• Focus on ending each day positively rather than maintaining constant intraday equity
• No daily loss limit gives maximum flexibility for intraday strategies

Plan Comparison for Automation

Apprentice $50K: $37/month (discounted), 10 minis / 50 micros, 30% consistency, 4 min days³

Straight to Master $50K: $299 one-time (discounted), 10 minis / 50 micros, 30% consistency, 10 min days³

Elite $50K: $97 one-time (discounted), 4 minis / 40 micros, 40% consistency³

For most automated strategies, the Apprentice or Master plans offer more room with 10 minis vs the Elite's 4 minis at the $50K level³.

Tips for Automated Trading

• Choose Apprentice or Master plans: Higher contract limits give more room for automated position sizing³
• Design for consistency: Build strategies that produce steady daily returns to stay within the 30-40% consistency rule³
• Use bracket orders: Set stop losses and take profits on every automated trade through TradersPost
• Confirm with support: Get written confirmation from Legends Trading that your specific automation approach is allowed
• Monitor drawdown: With no daily loss limit³, the EOD trailing drawdown is your only risk boundary — build drawdown monitoring into your process

Conclusion

Automating Legends Trading with TradersPost is technically straightforward through the Tradovate integration¹. The firm's EOD trailing drawdown and no daily loss limit³ create favorable conditions for automated strategies.

The main consideration is the unclear automation policy. While the firm's platform support and brokerage background suggest compatibility with automated trading, getting explicit confirmation from support is essential before deploying. The 30-40% consistency rule³ also requires strategies designed for steady returns rather than occasional large wins.

Verify Legends Trading's current automation policies and evaluation details on their website before setting up automated trading.

References

¹ Legends Trading - Main Website
² GFF Brokers - A Letter from Greg Khojikian
³ Legends Trading - Evaluation Plans