AEX Downtrend Replay (1996-06-06 to 1996-07-24)
Replay a 10.3% Dutch AEX correction across 70 daily bars as an interactive decision-training scenario. You face 11 decision points—including 4 critical ones—receive AI coach review, and learn how historical drawdowns unfolded, using simulated capital only.
70 daily bars · 11 decision points · 1996-05 to 1996-08 · Stocks
Key facts
This window spans 99 days with a peak-to-trough drawdown of 10.3% and a 8.7% run-up.
- Max drawdown
- −10.3%
- Max run-up
- +8.7%
- Duration
- 99 days
- Largest single-day move
- −2.4%
- Bars
- 70 Daily bars
- Decision points
- 11
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
The Dutch AEX index in mid-1996 provided a textbook case of how a sustained correction can test even patient investors. Over roughly three months of daily trading—from May through mid-August—the market navigated a period marked by elevated uncertainty and shifting sentiment. For participants in this replay, the scenario captures the tension between maintaining conviction and responding to deteriorating conditions, a challenge that remains central to equity investing decades later.
What unfolded was a decline that reached 10.3% from peak to trough across 70 daily bars, even as the closing level ultimately recovered to just 0.3% above the starting point. The volatility was concentrated in several sharp moves, with individual days delivering swings of up to 2.4%. Participants faced 11 decision points—including 4 critical junctures where directional choices could significantly alter outcomes. This structure forces traders to confront the reality that managing through drawdowns requires more than simply predicting direction.
The core lesson centers on process discipline under uncertainty. A 10.3% drawdown tests emotional resolve and forces explicit decisions about position sizing, stop-loss thinking, and risk tolerance. By replaying this scenario without real capital at stake, learners can observe how their decision-making shifts under pressure and identify patterns—whether excessive caution or unwarranted aggression—that might undermine performance in actual markets. Historical drawdowns like this one offer structured environments to build the habits that matter when conviction is challenged.
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