Regulation · DAX Index (2011)
Replay 144 days of the 2011 DAX, which plunged 25.3% from 7500.7 to 5606 amid EU short-selling rules. Step through each session, face 25 decision points, and receive AI coach feedback in a simulated environment.
144 daily bars · 25 decision points · 2011-05 to 2011-11 · Stocks
Key facts
This window spans 202 days with a peak-to-trough drawdown of 32.4% and a 25.1% run-up.
- Max drawdown
- −32.4%
- Max run-up
- +25.1%
- Duration
- 202 days
- Largest single-day move
- −5.8%
- 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 the spring of 2011, the DAX hovered near 7500 as European regulators prepared to impose temporary restrictions on short selling—a policy intervention aimed at stabilizing markets but itself a source of uncertainty. The six months from May to November coincided with mounting sovereign debt concerns across the eurozone. For traders and risk managers, the central question was how to navigate an environment where regulatory announcements could amplify rather than dampen volatility.
This replay spans 144 daily sessions from 2011-05-03 to 2011-11-21. The DAX ultimately fell 25.3% to 5606, with a maximum drawdown of 32.4% and a largest single-bar move of 5.8%. Participants faced 25 decision points, 9 of them critical junctures where positioning and risk management choices carried heightened consequence.
The scenario strips away hindsight and demands process discipline under regulatory uncertainty. Learners encounter the challenge of separating policy noise from genuine market signals, maintaining conviction in position sizing during prolonged drawdowns, and recognizing that policy interventions themselves can generate the volatility they seek to contain. This replay is a laboratory for building the habits—predefined rules, emotional regulation, probabilistic thinking—that distinguish resilient decision-makers when the regulatory landscape shifts beneath them.