BEL 20 Downtrend Replay (1994-12-05 to 1995-03-09)
Step into a 132-day BEL 20 correction where prices slipped through a 10.1% drawdown with daily swings up to 1.8%. You replay each session, confront 11 decision points, and receive AI coach feedback in a simulated, educational training environment.
132 daily bars · 11 decision points · 1994-10 to 1995-04 · Stocks
Key facts
This window spans 194 days with a peak-to-trough drawdown of 10.1% and a 11.4% run-up.
- Max drawdown
- −10.1%
- Max run-up
- +11.4%
- Duration
- 194 days
- Largest single-day move
- −1.8%
- Bars
- 132 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 BEL 20 entered a significant correction phase from late 1994 into early 1995, a period when European markets were navigating post-boom uncertainty and shifting monetary expectations. As one of the continent's key equity benchmarks, the BEL 20's trajectory during this four-month window carried implications for regional investor confidence and capital allocation strategies across the eurozone's precursor markets.
This 132-day replay, spanning October 14, 1994 to April 26, 1995, saw the index decline through a 10.1% maximum drawdown while absorbing daily moves of up to 1.8%. Despite the turbulent intermediate period, the BEL 20 ultimately closed at 1417, representing a 3.1% recovery from its opening level of 1374. The scenario challenges participants across 11 decision points, with 4 critical junctures demanding precise risk calibration and psychological resilience.
This correction replay trains traders to manage positions through extended drawdowns without abandoning disciplined process. The 10.1% peak-to-trough erosion tests emotional composure, while the absence of dramatic single-day spikes (maximum 1.8%) highlights how quiet, persistent decline can be more challenging to navigate than volatile crashes. The modest final gain reminds participants that surviving a correction often matters more than predicting its exact bottom—a distinction that separates procedural consistency from speculative gambling.
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