ADX Downtrend Replay (1997-10-13 to 1997-10-27)
Replay 30 authentic sessions across the 1997 ADX crash window, where the index fell 11.9% with a 28.3% drawdown. Walk decision points day by day under simulated capital, then receive an AI coach review of your choices in this educational scenario.
30 daily bars · 7 decision points · 1997-09 to 1997-11 · Stocks
Key facts
This window spans 39 days with a peak-to-trough drawdown of 28.3% and a 24.8% run-up.
- Max drawdown
- −28.3%
- Max run-up
- +24.8%
- Duration
- 39 days
- Largest single-day move
- +20.9%
- Bars
- 30 Daily bars
- Decision points
- 7
Every figure above is computed programmatically from this replay’s own candle series — no editorial input, no LLM. Methodology: Methodology
The market advances day by day. You only see candles up to the current day — as if you were really there.
At key decision points choose Buy / Trim / Exit / Hold. Each decision advances the timeline by one day.
After settlement you get a six-dimension score and an AI coach review. Your result enters the scenario leaderboard.
Event Replay
What happened — and what it teaches
This replay steps onto the Abu Dhabi Securities Exchange (ADX) during the late-1997 emerging-market stress episode, when global risk appetite was already frayed by events elsewhere. The window captures 30 daily sessions between 1997-09-29 and 1997-11-07, a textbook stretch for studying how quickly sentiment can sour in a thinly traded equity market. Seven decision points — three of them flagged as critical — give participants repeated chances to weigh patience against capital preservation under simulated capital only.
What the tape shows is uncomfortable but instructive. The index slides from a 17.03 close to 15, a fall of 11.9%, while the path inside the window reaches a maximum drawdown of 28.3%. The largest single-bar move is 20.9%, a reminder that on a daily frame one session can erase weeks of careful positioning. Anyone replaying the period cannot outsource judgment: every green-bar bounce tempts the hope of a bottom, and every red bar pressures the urge to cut and run. The exercise is built precisely around that friction between narrative and numbers.
For decision training, the value lies less in calling the low than in rehearsing a process: sizing exposure to the volatility on the tape, writing pre-commit rules for the critical decision points, and keeping a journal of the emotions each bar provokes. The 28.3% drawdown and the 20.9% swing make risk control the dominant lesson — what stop width, what conviction, what re-entry criteria. Treat the AI coach review as a mirror on your discipline, not on your predictive skill; the market is the teacher, the replay is just the classroom.