Commodity Shock · DAX Index (2008)
The DAX collapsed 42.5% from 6,422.19 to 3,692.03 between August 2008 and March 2009 amid a brutal commodity shock. Replay each trading day, face 25 decision points, and get an AI coach review on your simulated choices.
144 daily bars · 25 decision points · 2008-08 to 2009-03 · Stocks
Key facts
This window spans 208 days with a peak-to-trough drawdown of 43.8% and a 22.9% run-up.
- Max drawdown
- −43.8%
- Max run-up
- +22.9%
- Duration
- 208 days
- Largest single-day move
- +11.4%
- Bars
- 144 Daily bars
- Decision points
- 25
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 August 2008, the DAX index represented Germany's premier equity market, a barometer of European economic health. The period from August 13, 2008 to March 9, 2009 captures a defining moment when commodity shocks, particularly the collapse in oil prices, triggered cascading demand destruction across global markets. What hung in the balance was not merely portfolio value but the fundamental question of how energy-driven supply shocks transmit through interconnected financial systems, forcing investors to reassess assumptions about correlation, liquidity, and risk premia in ways that would reshape market understanding for years to come.
The index plummeted from 6422.19 to 3692.03, delivering a 42.5% loss across 144 daily bars. Maximum drawdown hit 43.8%, meaning portfolios holding through the decline saw nearly half their capital evaporate. The largest single session moved 11.4%, a reminder that crisis periods compress months of normal volatility into individual trading days, making intraday decision-making extraordinarily consequential. This was not a orderly re-rating but a violent compression of value driven by forced deleveraging and collapsing confidence.
The scenario presents 25 decision points, 9 critical, offering traders the rare opportunity to practice judgment under sustained pressure. Participants must grapple with position sizing when volatility spikes, the psychology of holding through 43.8% drawdowns, and the discipline required to avoid selling at the precise moment when risk is highest. This replay trains the ability to distinguish between fundamental deterioration and panic-driven dislocations, a distinction that separates measured responses from reactive errors in any market crisis.