Boom · DAX Index (2004)
Between 2004-02-24 and 2004-09-22, the DAX traced 150 daily bars with a 12.0% maximum drawdown amid China-driven export optimism. Replay each session step by step, face 26 decision points, and receive AI coach feedback in this simulated, educational market-training exercise.
150 daily bars · 26 decision points · 2004-02 to 2004-09 · Stocks
Key facts
This window spans 211 days with a peak-to-trough drawdown of 12.0% and a 11.0% run-up.
- Max drawdown
- −12.0%
- Max run-up
- +11.0%
- Duration
- 211 days
- Largest single-day move
- −3.5%
- Bars
- 150 Daily bars
- Decision points
- 26
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 early 2004, the DAX entered a period shaped by China-driven export optimism as German industrial giants positioned themselves to benefit from booming Chinese demand. Over the next seven months, spanning 150 trading days, market participants faced a landscape where policy signals and global trade dynamics interplayed to create sudden shifts in sentiment. The scenario offered 26 decision points—9 of them critical—forcing traders to act under conditions where the prevailing narrative of strength masked underlying fragility.
The index ultimately closed the period at 3942.35, down 1.2% from its opening level of 3991.42. Yet the headline number concealed considerable turbulence: a maximum drawdown of 12.0% tested portfolio endurance, while the largest single session move of 3.5% demonstrated how quickly sentiment could reverse. Those who chased momentum at the wrong moment faced sharp losses; those who maintained disciplined positioning survived the oscillations.
This replay teaches that apparent booms often carry hidden volatility, especially when policy uncertainty compounds market moves. Trainees learn to size positions knowing that even a modest net decline can include a 12.0% trough, and that distinguishing signal from noise across 26 choices—particularly the 9 critical ones—requires both process and emotional resilience. Managing risk in such environments means accepting that the largest single-bar move of 3.5% can arrive without warning, making pre-defined rules essential for survival.
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