US 10-City Composite Historical Replay: 2019-07 to 2021-12
Replay a 30-month US 10-city property cycle that climbed 31.6% from 228.8 to 301.07 with only a 0.2% max drawdown. Walk through each monthly bar, tackle six decision points, and receive an AI coach review of your simulated choices.
30 monthly bars · 6 decision points · 2019-07 to 2021-12 · Property
Key facts
Peak-to-trough drawdown of 0.2% with a 31.6% run-up.
- Max drawdown
- −0.2%
- Max run-up
- +31.6%
- Largest single-month move
- +1.8%
- Bars
- 30 Monthly bars
- Decision points
- 6
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
This replay captures the US 10-city composite property index from July 2019 through December 2021, a 30-month window that bracketed a global pandemic, historic monetary stimulus, and an extraordinary housing boom. The market at stake was residential real estate across the nation's major metropolitan areas, where record low interest rates and pandemic-driven lifestyle shifts converged to create exceptional demand conditions. Participants confront six decision points, including two critical junctures where conviction would be tested against mounting uncertainty.
The index rose from 228.8 to 301.07, delivering a 31.6% cumulative return. Remarkably, this occurred with only a 0.2% maximum drawdown, suggesting a remarkably smooth upward trajectory. The largest single-month move was just 1.8%, indicating controlled volatility despite significant macro upheaval. The market climbed steadily without major corrections, presenting participants with a study in sustained momentum and the challenge of maintaining discipline during an extended advance.
This scenario sharpens skills in position sizing, conviction management, and psychological resilience. The near-absence of meaningful pullbacks tests whether participants would have the patience to hold through minor fluctuations or the wisdom to trim exposure during brief consolidations. The low volatility environment also highlights how seemingly "easy" markets demand rigorous process adherence, as complacency can take root precisely when conditions appear most favorable. Participants learn that even in a booming market, decision quality at critical inflection points separates disciplined practitioners from those merely along for the ride.
Featured in the archive