ATX Downtrend Replay (2007-12-27 to 2008-01-23)
Relive the ATX correction of late 2007 and early 2008, a period of an 18.5% drawdown across 36 trading sessions. You replay the Austrian index day by day, navigate seven decision points including three critical ones, and receive an AI coach review of your choices in a simulated environment.
36 daily bars · 7 decision points · 2007-12 to 2008-02 · Stocks
Key facts
This window spans 56 days with a peak-to-trough drawdown of 18.5% and a 6.7% run-up.
- Max drawdown
- −18.5%
- Max run-up
- +6.7%
- Duration
- 56 days
- Largest single-day move
- +5.5%
- Bars
- 36 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
The Austrian Trading Index (ATX) entered late 2007 at elevated levels, reflecting optimism about European markets. From December 10, 2007, the index began a sustained correction phase that would test the resolve of any trader navigating this downturn. The challenge lay not merely in identifying the downward trend but in managing positions through seven distinct decision points—three of them critical junctures where choices carried amplified consequences. This was a period that demanded both disciplined risk management and psychological resilience.
Over the 36 trading days spanning December 10, 2007, to February 4, 2008, the ATX fell from 4517.84 to 3931.29—a retreat of 13.0%. The decline was not linear; it carved an 18.5% maximum drawdown, punctuated by a single-session move of 5.5% that would have tested even well-positioned portfolios. The index closed the period having surrendered roughly one-eighth of its value, offering a stark illustration of how corrections can compound when volatility intrudes on the downside.
This replay session strips away hindsight to confront decision-making in real time. The gap between a 13.0% overall loss and an 18.5% drawdown exposes how volatility distorts experience—participants must grapple with the psychological weight of paper losses without the comfort of knowing the bottom. The three critical decision points become laboratories for testing conviction, position sizing, and adherence to process under stress. For training purposes, the lesson is clear: discipline during drawdowns matters more than insight during rallies.