Copper Historical Replay: 2004-05 to 2004-08
Replay 64 daily bars of the 2004 copper boom from May to August, watching a 3.2% close lift mask a punishing 10.1% drawdown. Step through each session, confront 4 critical decision points, and receive an AI coach review of your simulated choices.
64 daily bars · 11 decision points · 2004-05 to 2004-08 · Commodities
Key facts
This window spans 92 days with a peak-to-trough drawdown of 10.1% and a 14.9% run-up.
- Max drawdown
- −10.1%
- Max run-up
- +14.9%
- Duration
- 92 days
- Largest single-day move
- −5.6%
- Bars
- 64 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
This replay immerses traders in the 2004 copper market during a commodity supercycle that reshaped global industrial economics. The scenario spans 64 daily bars from May 6 to August 6, 2004, capturing a period when base metals commanded attention across financial markets. Participants face the challenge of navigating a market where surface-level gains masked significant underlying turbulence.
The closing price moved from 1.24 to 1.28, representing a modest 3.2% gain over the three-month period. However, this tranquil headline figure concealed a punishing 10.1% maximum drawdown and a 5.6% largest single-bar move, revealing substantial volatility beneath the surface. With 11 total decision points including 4 critical junctures, the scenario tests traders' ability to manage positions through violent swings.
This replay teaches that headline returns rarely tell the full story. Decision training emphasizes process over outcome, demanding traders build frameworks that account for hidden drawdown risk before entering positions. The 4 critical decision points force participants to confront psychological pressure at extremes, training them to execute discipline when the market offers no easy answers. Historical context from the 2000s commodity era provides a classroom where simulated capital losses build real mental patterns for managing volatility in any market.
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