WTI Crude Oil Historical Replay: 2004-06 to 2004-09
WTI crude oil surged from $37.57 to $48.35 in a 64-day commodity boom, with 13.5% peak drawdown shaking confident longs. Replay each trading day, face 11 decision points including 4 critical ones, and receive AI coach feedback—simulated capital, educational use only.
64 daily bars · 11 decision points · 2004-06 to 2004-09 · Commodities
Key facts
This window spans 91 days with a peak-to-trough drawdown of 13.5% and a 36.6% run-up.
- Max drawdown
- −13.5%
- Max run-up
- +36.6%
- Duration
- 91 days
- Largest single-day move
- +4.6%
- Bars
- 64 Daily bars
- Decision points
- 11
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 2004, crude oil markets were entering a sustained multi-year bull phase that would reshape global energy economics. The World Trade Center IDENTIFIER futures contract, trading around $37, faced mounting geopolitical tensions, supply concerns, and surging demand from emerging economies. For traders participating in this replay, the central question was whether to position defensively during inevitable pullbacks or to maintain conviction through volatility—a dilemma that defined the entire quarter.
The 64-day replay period from June 23 to September 22 delivered a net advance of 28.7%, pushing prices from $37.57 to $48.35. Yet the journey was far from linear. A peak drawdown of 13.5% tested the resolve of confident longs, while the largest single-bar move of 4.6% could have wiped out weeks of careful position management in an instant. Eleven decision points punctuated this trajectory, with four labeled as critical junctures where directional conviction was most severely evaluated.
This replay teaches that surviving volatility is distinct from predicting direction. The 13.5% drawdown was not a failure of the bullish thesis—it was the market testing whether participants had realistic position sizing and emotional preparation. The 4.6% single-bar shock demonstrates that stop-loss discipline and risk calibration matter more than entry timing. Each of the eleven decision points forces learners to confront a fundamental question: are you trading a thesis or defending a belief? The educational value lies not in celebrating the final 28.7% gain, but in understanding what it cost to capture it.
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