Coke Historical Replay: 2018-08 to 2018-11
Coking coal plunged 8.7% across 54 turbulent days in late 2018, with a 13.4% peak drawdown shaking ferrous markets. Replay this emerging-market crisis day by day, navigate 4 critical decision points, and receive an AI coach review on your simulated trades.
54 daily bars · 10 decision points · 2018-08 to 2018-11 · Commodities
Key facts
This window spans 83 days with a peak-to-trough drawdown of 13.4% and a 12.9% run-up.
- Max drawdown
- −13.4%
- Max run-up
- +12.9%
- Duration
- 83 days
- Largest single-day move
- −5.5%
- Bars
- 54 Daily bars
- Decision points
- 10
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 late August 2018, coking coal markets faced mounting pressure as emerging-market contagion fears rippled through global commodity circles. The period from August 28 to November 19 represented 54 trading days of heightened uncertainty, with ferrous supply chains and pricing mechanisms under siege from currency depreciations in key importing nations and retreating Chinese demand signals. Participants tracking coking coal futures confronted a deteriorating fundamental backdrop with limited visibility on when stabilization might arrive.
The numbers tell a stark story. Coking coal prices fell 8.7%, declining from 2587 to 2363 over the replay window. The maximum drawdown of 13.4% tested portfolio resilience, while the largest single-session move of 5.5% demonstrated how quickly sentiment could shift. Across the 54-bar daily dataset, traders encountered 10 distinct decision points—4 deemed critical—where directional conviction and risk calibration determined whether losses were contained or amplified.
The replay scenario distills lessons in process discipline under stress. Coking coal's trajectory during emerging-market turbulence offers a laboratory for testing risk frameworks: position sizing must accommodate the potential for a 13.4% drawdown without triggering forced liquidation, and the psychological temptation to react to a 5.5% single-bar shock requires deliberate preparation. Four critical decision points serve as training moments to practice entries and exits grounded in rules rather than impulse, building the emotional architecture needed when markets defy easy narrative.