Crisis · DAX Index (2022)
Replay 144 days of the 2022 DAX energy crisis as the index swung from 13,038 to a 13.9% drawdown. Make 25 choices across critical decision points and get an AI coach review of your reasoning in this simulated historical training exercise.
144 daily bars · 25 decision points · 2022-06 to 2023-01 · Stocks
Key facts
This window spans 202 days with a peak-to-trough drawdown of 13.9% and a 21.4% run-up.
- Max drawdown
- −13.9%
- Max run-up
- +21.4%
- Duration
- 202 days
- Largest single-day move
- +3.8%
- 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 summer of 2022, Germany faced an unprecedented energy crisis as supply concerns threatened industrial production and consumer confidence across Europe's largest economy. The DAX index, tracking the thirty most valuable German equities, became a barometer for broader economic anxiety during this 2020s period of geopolitical tension and energy market volatility. Investors and analysts watched daily whether industrial giants could weather surging costs or would be forced to curtail operations, making this a defining test of market resilience under supply-shock conditions. The 144 trading days from mid-June 2022 through early January 2023 encapsulate this uncertain chapter, where policy responses and seasonal demand shifts created an unpredictable landscape for equity positioning.
The index opened at 13,038.49 and closed at 14,490.78, delivering an 11.1% total return over the full period. Yet this headline figure obscures the turbulence beneath: the market experienced a maximum drawdown of 13.9% at its trough, with the largest single trading day move reaching 3.8%. These swings occurred across 25 decision points, of which 9 were flagged as critical junctures where directional conviction mattered most. Participants navigating this replay would have faced repeated tests of conviction, timing, and risk tolerance as sentiment shifted between crisis alarm and relief rally.
This replay teaches that crisis environments punish both passive inaction and reflexive selling. The 13.9% drawdown demanded disciplined position sizing and emotional control, while the 3.8% intraday spikes tested whether participants would abandon sound process under pressure. With 9 critical decision points embedded across 144 days, the scenario rewards those who maintain systematic risk frameworks rather than chasing headlines. For training purposes, the lesson centers on separating signal from noise: maintaining conviction through drawdowns, sizing positions to survive volatility, and recognizing that headline risk does not always translate into permanent capital loss when fundamentals ultimately stabilize.