Beijing, China Historical Replay: 2019-10 to 2022-03
Beijing property prices plunged from 182.16 to 108.5, a 40.4% slide between October 2019 and March 2022. In this monthly replay you walk the timeline bar by bar, face six decision points including two high-stakes calls, and receive an AI coach review of every move. Simulated capital, educational use only.
30 monthly bars · 6 decision points · 2019-10 to 2022-03 · Property
Key facts
Peak-to-trough drawdown of 46.5% with a 6.6% run-up.
- Max drawdown
- −46.5%
- Max run-up
- +6.6%
- Largest single-month move
- −46.5%
- 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
Beijing's residential property market entered a severe downturn between October 2019 and March 2022, a period marked by regulatory tightening, shifting buyer sentiment, and broader economic uncertainty in China. This 30-month monthly replay captures the full arc of a bubble deflation event in one of the world's most closely watched real estate markets. Participants face six decision points, including two critical junctures where positioning and risk management determine outcomes.
The numbers tell a stark story: prices fell from 182.16 to 108.5, a decline of 40.4%. The maximum drawdown reached 46.5%, and the largest single monthly move also hit 46.5%, underscoring the volatility inherent in property markets during rapid deleveraging. This was not a gradual slide but a market punctuated by sharp, emotion-driven moves in both directions.
For decision training, this scenario exposes the danger of extrapolating recent trends in a one-directional market. The process lesson: monthly bars obscure daily volatility, and position sizing must account for moves far exceeding the average. Psychologically, the drawdown tests conviction—holding through a 46.5% peak-to-trough loss requires disciplined risk management that most participants underestimate. The replay trains you to recognize when market structure shifts from correction to regime change, and how to adapt without recency bias.