Bubble · DAX Index (2006)
Replay 150 daily DAX bars from December 2005 to July 2006, watching the index climb just 3.1% from 5398.28 to 5565.76 while suffering a 13.8% drawdown. Step through each session, navigate 9 critical decision points, and receive an AI coach review of your simulated choices.
150 daily bars · 26 decision points · 2005-12 to 2006-07 · Stocks
Key facts
This window spans 215 days with a peak-to-trough drawdown of 13.8% and a 15.1% run-up.
- Max drawdown
- −13.8%
- Max run-up
- +15.1%
- Duration
- 215 days
- Largest single-day move
- −3.4%
- 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
The DAX index in late 2005 presented a challenging environment for investors navigating European equity markets. As the German benchmark entered the replay window spanning December 2005 to July 2006, market participants faced a period characterized by modest directional moves but significant underlying turbulence. This 150-bar daily scenario captures a period where the surface appearance of stability masked deeper complexities that would test even experienced traders' ability to manage risk through uncertainty.
What unfolded over these months was a textbook example of how limited upside can coexist with substantial volatility. The index rose a mere 3.1% from 5398.28 to 5565.76, yet experienced a 13.8% drawdown during the period, with a single-day move of 3.4% highlighting the market's unpredictable character. Navigating through 26 decision points, with 9 critical moments demanding strategic choices, revealed how quickly sentiment could shift without clear fundamental catalysts. The range-bound nature of this market punished those expecting strong trending moves while rewarding disciplined risk management.
This replay teaches that process matters more than outcome when the environment offers few clear edges. Traders learn to manage psychological pressure when facing large drawdowns on positions that move less than expected, building resilience against the frustration of watching sideways action erode capital. The historical context demonstrates how bubbles and manias often build gradually, with the true test being whether one can maintain sound decision-making through periods of apparent stagnation. By replaying this scenario with simulated capital, learners develop habits of position sizing, stop discipline, and emotional regulation that transfer to any market condition.
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