BEL 20 Uptrend Replay (1993-09-24 to 1994-02-09)
Replay the 1993–1994 BEL 20 uptrend across 150 daily bars, watching the index climb from 1357.6 to 1511.7 in this archived bull market. Walk through 11 decision points, including 4 critical ones, and receive an AI coach review in a simulated training environment.
150 daily bars · 11 decision points · 1993-08 to 1994-03 · Stocks
Key facts
This window spans 213 days with a peak-to-trough drawdown of 6.4% and a 21.1% run-up.
- Max drawdown
- −6.4%
- Max run-up
- +21.1%
- Duration
- 213 days
- Largest single-day move
- +2.7%
- 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
The Belgian equity market in the late summer of 1993 stood at a crossroads. The BEL 20 index, representing the flagship companies of Brussels' stock exchange, was entering a sustained ascent that would define the closing months of that year. With 150 daily bars of price data spanning from mid-August 1993 through mid-March 1994, traders and investors faced the challenge of navigating an emerging uptrend without the benefit of hindsight. This boom scenario placed participants in the position of having to read market momentum, manage risk through a 6.4% maximum drawdown, and make decisive choices at 11 distinct decision points, 4 of which would prove critical to outcome.
The index climbed from 1357.6 to 1511.7, a gain of 11.4%, with individual sessions showing volatility peaks of 2.7%. The largest single-session moves of 2.7% underscore how momentum can accelerate unexpectedly, testing risk management frameworks. The 6.4% maximum drawdown reminds us that even clear uptrends contain periods of doubt and profit erosion. Each of the 11 decision points presented participants with the choice of holding, adjusting, or exiting, mirroring real-world pressures of commitment during a trending market.
The lasting value of this replay lies in its emphasis on process over prediction. Navigating a boom demands more than directional conviction; it requires disciplined position management, the ability to distinguish normal fluctuation from structural breakdown, and psychological resilience when facing temporary losses within a profitable trajectory. Participants learn that survival through drawdowns and restraint during volatile sessions often separates sustainable performance from impulsive outcomes.
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