BEL 20 Downtrend Replay (1991-04-17 to 1991-08-19)
Replay the 1991 BEL 20 correction across 150 daily bars, where the index fell from 1201.7 to 1108.6 in a simulated historical environment. You navigate 11 decision points, four marked critical, and receive AI coach feedback on each choice. Simulated capital only, for educational practice.
150 daily bars · 11 decision points · 1991-04 to 1991-11 · Stocks
Key facts
This window spans 219 days with a peak-to-trough drawdown of 11.4% and a 6.5% run-up.
- Max drawdown
- −11.4%
- Max run-up
- +6.5%
- Duration
- 219 days
- Largest single-day move
- −6.1%
- Bars
- 150 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
In the spring of 1991, European markets were navigating a period of uncertainty as the global economy adjusted to post-Cold War realities and lingering recession concerns. The Belgian BEL 20, tracking the nation's largest publicly traded companies, entered a correction phase that would test the resolve of any market participant. This replay spans 150 daily bars from April to November 1991, placing you in the shoes of an investor confronting shifting sentiment across nearly eight months of live market data.
The index declined from 1201.7 to 1108.6, representing a -7.7% pullback with a maximum drawdown of 11.4% from peak to trough. The largest single trading day saw a 6.1% swing, a reminder that even measured corrections can produce sharp intraday reversals. You will navigate 11 decision points—4 marked as critical—requiring you to reassess your positioning as the market tests your conviction at each juncture.
This scenario distills the core tensions of correction management: knowing when weakness is temporary versus structural, sizing positions appropriately under rising volatility, and resisting the psychological pull to exit at the worst moment. The extended timeline across months underscores that corrections rarely resolve in days, demanding sustained discipline and periodic reassessment. By replaying this episode, you practice the analytical humility and risk discipline that serve any market participant facing uncertainty.