Crash · S&P/ASX 200 Index (2025)
Replay 144 trading days on the S&P/ASX 200 as a sweeping tariff shock drives a 14.2% drawdown. Step through daily market decisions, navigate 25 branching points, and receive an AI coach review in a simulated, educational training environment.
144 daily bars · 25 decision points · 2024-11 to 2025-06 · Stocks
Key facts
This window spans 211 days with a peak-to-trough drawdown of 14.2% and a 17.0% run-up.
- Max drawdown
- −14.2%
- Max run-up
- +17.0%
- Duration
- 211 days
- Largest single-day move
- +4.5%
- Bars
- 144 Daily bars
- Decision points
- 25
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 S&P/ASX 200 entered late November 2024 as a market reflecting Australia's deep integration into global trade flows. For the next 144 trading days through June 2025, participants faced a period dominated by tariff policy uncertainty—a force capable of disrupting commodity prices, export earnings, and currency valuations simultaneously. The stakes were clear: navigate an environment where political headlines could override fundamental valuations overnight.
What unfolded was a masterclass in volatility. The index ultimately closed the period at 8514.2, barely changed from its starting point of 8444.3—a mere 0.8% gain that tells only part of the story. Beneath that flat headline figure lay a 14.2% peak-to-trough drawdown, with a single session capable of moving prices by as much as 4.5%. Nine critical decision points punctuated the journey, each demanding choices that could not be unmade.
The scenario's greatest value lies in what it teaches about process over prediction. The flat final return masks the psychological toll of living through the drawdown—watching portfolio values fall 14.2% while fundamentals seemed uncertain tests conviction in ways that historical summaries cannot convey. Decision training in this environment forces participants to confront whether their risk management frameworks hold under pressure, whether they can distinguish signal from noise, and whether position sizing survives the largest single-bar moves. The lesson crystallizes: being right about ultimate direction matters little if volatility eliminates you before the recovery arrives.
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