BEL 20 Uptrend Replay (1998-01-12 to 1998-04-22)
Belgium's BEL 20 climbed 37.3% across 142 daily bars between November 1997 and June 1998. In this replay you walk through each trading day, face 11 decision points, and receive an AI coach review of your choices in a simulated, educational setting.
142 daily bars · 11 decision points · 1997-11 to 1998-06 · Stocks
Key facts
This window spans 210 days with a peak-to-trough drawdown of 6.1% and a 41.7% run-up.
- Max drawdown
- −6.1%
- Max run-up
- +41.7%
- Duration
- 210 days
- Largest single-day move
- −3.2%
- Bars
- 142 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 BEL 20 index captures Belgium's largest publicly traded companies. In late 1997, as global markets navigated the aftermath of Asian financial turbulence, European equities presented both opportunity and uncertainty. This replay spans 142 trading days from November 1997 through mid-June 1998, placing you at the decision points that shaped positioning during a period when investors weighed growth prospects against mounting volatility signals.
During this data span, the BEL 20 climbed from 2368 to 3252.05, delivering a 37.3% return. The journey was not linear—a maximum drawdown of 6.1% tested conviction at several points, while the largest single-day move of 3.2% underscored how quickly sentiment could shift. Across the replay, eleven decision points punctuate the timeline, with four marked as critical junctures where directional choices carried heightened consequence.
What does this episode train? The BEL 20's strong uptrend rewards process discipline over reactive impulse. Managing through a 6.1% pullback without abandoning a sound framework illustrates the psychological challenge of staying the course. The 3.2% single-bar volatility reminds us that outliers exist and must be anticipated rather than reacted to. Trainees emerge better equipped to separate signal from noise, maintain position sizing awareness, and recognize that conviction tested by temporary drawdowns often distinguishes outcomes in trending markets.