BIST 100 Downtrend Replay (2023-04-12 to 2023-05-05)
Replay a 14.5% drawdown across 32 daily bars of Turkish BIST 100 action from March to May 2023. Walk through seven decision points, including three critical ones, as FinFable's AI coach reviews your simulated choices.
32 daily bars · 7 decision points · 2023-03 to 2023-05 · Stocks
Key facts
This window spans 47 days with a peak-to-trough drawdown of 14.5% and a 10.2% run-up.
- Max drawdown
- −14.5%
- Max run-up
- +10.2%
- Duration
- 47 days
- Largest single-day move
- +7.9%
- Bars
- 32 Daily bars
- Decision points
- 7
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 Turkish BIST 100 entered a pronounced correction phase during the spring of 2023, a period when global markets grappled with shifting monetary expectations and regional economic uncertainty. This replay spans 32 daily bars from late March through mid-May, placing participants directly into the mechanics of a sustained downtrend. Seven decision points—three flagged as critical—test a trader's ability to adapt position sizing, manage exposure, and resist reactive moves when the index refuses to stabilize. The stakes are clear: navigating drawdowns without crystallizing losses prematurely or overstaying positions that continue deteriorating.
The index closed the data window at 4589.7, down from an opening near 4896.1—a headline decline of -6.3%. That figure, however, understates the lived experience of participants. The maximum drawdown reached 14.5%, meaning anyone holding through the worst stretch endured roughly double the headline loss. Compounding the challenge, a single daily bar moved as much as 7.9%, introducing sudden gap risk that stress-tested stop-discipline and position conviction. The difference between the headline -6.3% and the 14.5% peak-to-trough drawdown is the core tension this replay is designed to illuminate.
What makes this scenario valuable for training is that it forces participants to confront the gap between reported return and realized risk. Seven decision points mean seven moments where choices compound—adding or reducing exposure, adjusting stops, or holding steady through a 7.9% intraday swing. The three critical junctures demand clarity on process rather than outcome: Did you exit for sound reasons or fear? Did you add because of conviction or hope? This replay is not about predicting the next Turkish correction; it is about building the habit of making defensible decisions under pressure, reviewing them honestly, and tightening your process with each iteration.