BEL 20 Uptrend Replay (1998-10-05 to 1999-01-06)
Replay Belgium's BEL 20 across a 128-bar span ending with a 21.6% max drawdown despite a single-day 4.5% swing. Step through every daily decision point, weigh each critical call, and receive an AI coach review of your simulated reasoning.
128 daily bars · 11 decision points · 1998-08 to 1999-02 · Stocks
Key facts
This window spans 183 days with a peak-to-trough drawdown of 21.6% and a 35.2% run-up.
- Max drawdown
- −21.6%
- Max run-up
- +35.2%
- Duration
- 183 days
- Largest single-day move
- +4.5%
- Bars
- 128 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 autumn of 1998, the BEL 20 presented traders with a demanding scenario set against late 1990s market turbulence. This 128-bar replay, spanning October 5, 1998 to January 6, 1999, placed participants at the heart of European equity volatility during a period when markets were adjusting to shifting global conditions. With 11 decision points embedded in the data—including 4 critical junctures—the stage was set for rigorous training in navigating sustained uncertainty.
The index closed the replay period at 3382.28, down from an opening of 3476.05, representing a modest -2.7% net decline. Yet this headline figure concealed more violent internal movements: the largest single-bar swing reached 4.5%, and maximum drawdown hit 21.6%. For participants, the challenge lay not in capturing directional trends but in surviving the lateral grinding punctuated by sharp intraday spikes that could unsettle even disciplined approaches.
This replay teaches that surviving volatile sideways markets requires as much psychological resilience as directional conviction. The 21.6% drawdown serves as a stark reminder that position sizing and risk limits cannot be calibrated to ideal conditions alone. Process discipline—sticking to decision criteria across the 4 critical points regardless of emotional pressure—distinguishes effective replay training from simple market observation.
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