Inflation · DAX Index (2023)
Replay 150 turbulent trading days on the DAX from March to October 2023, navigating a 10.1% drawdown amid stubborn core inflation. Step through each session, weigh 26 decision points, and receive an AI coach review of your policy-driven choices in a simulated, educational setting.
150 daily bars · 26 decision points · 2023-03 to 2023-10 · Stocks
Key facts
This window spans 214 days with a peak-to-trough drawdown of 10.1% and a 10.1% run-up.
- Max drawdown
- −10.1%
- Max run-up
- +10.1%
- Duration
- 214 days
- Largest single-day move
- −2.6%
- 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
In the spring of 2023, the German DAX index presented investors with a defining challenge: how to navigate markets when core inflation proved stubbornly persistent and central bank policy remained a moving target. Over 150 trading days from March to October, traders faced the delicate dance between supporting economic growth and taming price pressures. The scenario places participants at the heart of this tension, offering 26 decision points—9 of them critical—to test their ability to read policy signals and position accordingly.
The headline numbers tell a story of restrained losses but significant turbulence beneath the surface. The DAX closed the period at 14800.72, down 2.7% from its opening level of 15210.39. Investors who held through the full span endured a maximum drawdown of 10.1%, while the largest single session move reached 2.6%—a reminder that policy announcements can spark sharp intraday reversals. The index never fully recovered its early-year poise, leaving participants to weigh whether the structural factors driving inflation had been properly priced.
This replay teaches that policy-driven markets demand both process discipline and psychological resilience. Trainees must learn to separate their market views from their positioning, manage risk through drawdown awareness rather than point predictions, and recognize that the most consequential decisions often arrive during periods of maximum uncertainty. The scenario's value lies not in forecasting outcomes but in forcing honest reflection on how one behaves when the Fed and ECB charts their own uncertain course.