BEL 20 Downtrend Replay (1994-05-04 to 1994-07-13)
Replay 96 days of 1994 BEL 20 trading history, capturing a 9.5% max drawdown in a corrective downtrend. Step through each session, tackle 11 decision points including 4 critical ones, and receive AI coach feedback in a simulated educational environment.
96 daily bars · 11 decision points · 1994-03 to 1994-08 · Stocks
Key facts
This window spans 145 days with a peak-to-trough drawdown of 9.5% and a 6.6% run-up.
- Max drawdown
- −9.5%
- Max run-up
- +6.6%
- Duration
- 145 days
- Largest single-day move
- +2.2%
- Bars
- 96 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 1994, Belgium's BEL 20 entered a corrective phase that would test any investor's resolve. This replay spans 96 daily trading sessions from late March through mid-August, presenting traders with 11 decision points—four of them critical moments where positioning choices carried heightened consequence. The scenario immerses participants in the tension between holding through a drawdown and protecting capital.
The numbers reveal the nature of this correction: the index slipped from 1481.8 to 1460.6, a modest -1.4% net decline, yet the journey was far bumpier. The maximum drawdown reached 9.5%, meaning peak-to-trough losses substantially exceeded the final outcome. Volatility showed itself in individual sessions where a single day could move 2.2%, creating real intraday stress for anyone caught without a plan.
This historical episode excels as a training ground for process over prediction. Participants learn to distinguish between temporary drawdowns and structural breakdowns, manage position sizes against a 9.5% worst-case scenario, and maintain discipline when daily swings test emotional composure. The replay teaches that surviving a correction with a sound methodology matters more than anticipating its exact endpoint.
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