Bubble · DAX Index (2007)
Trade the final illusion of calm before the storm as the DAX climbs from 6687.31 to 7511.96 across 150 daily bars in 2007. Replay each authentic session, face 26 decision points, and receive an AI coach review of your simulated calls.
150 daily bars · 26 decision points · 2007-01 to 2007-08 · Stocks
Key facts
This window spans 213 days with a peak-to-trough drawdown of 10.3% and a 25.7% run-up.
- Max drawdown
- −10.3%
- Max run-up
- +25.7%
- Duration
- 213 days
- Largest single-day move
- −3.0%
- 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 German equity market entered 2007 in a state of apparent tranquility. The DAX had already recovered from the dot-com bust, and loose credit conditions were fueling a sense of invincibility across European financial markets. Investors faced a critical question: was this steady ascent sustainable, or were they witnessing the final chapter of a credit-driven rally that would ultimately unravel? The stakes were considerable, as institutional and retail participants alike positioned themselves against a backdrop of mounting systemic risk that was not yet visible in mainstream discourse.
The numbers reveal a market marching higher with deceptive steadiness. From 6687.31 on January 22, 2007 to 7511.96 by August 23, the index gained 12.3% across 150 trading sessions. Yet beneath this upward trajectory lurked vulnerability: the maximum drawdown of 10.3% during the period exposed how quickly gains could evaporate, while the largest single session move of 3.0% demonstrated that volatility spikes were already beginning to surface. With 26 decision points embedded in the replay, including 9 critical junctures, participants experienced authentic pressure to act as the market oscillated between apparent strength and emerging fragility.
This replay trains participants to recognize the psychological traps embedded in rising markets. The 12.3% headline gain masks the emotional toll of managing a portfolio through 10.3% drawdowns and unexpected 3.0% single-day swings. Effective decision-making in this environment requires maintaining conviction during downturns while remaining vigilant to systemic shifts. The scenario forces participants to confront overconfidence bias and the temptation to extrapolate trends indefinitely, offering practical lessons in risk calibration that extend far beyond this particular historical moment.