Coke Historical Replay: 2020-11 to 2021-05
Replay 116 daily bars of EU ferrous volatility from 2020-11 to 2021-05, a period where a 28.9% drawdown tested even seasoned desks. Step into 20 decision points, navigate simulated market days, and receive AI coach feedback on your choices.
116 daily bars · 20 decision points · 2020-11 to 2021-05 · Commodities
Key facts
This window spans 175 days with a peak-to-trough drawdown of 28.9% and a 38.6% run-up.
- Max drawdown
- −28.9%
- Max run-up
- +38.6%
- Duration
- 175 days
- Largest single-day move
- +7.4%
- Bars
- 116 Daily bars
- Decision points
- 20
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
The scenario immerses traders in European coking coal markets during the winter of 2020 and spring of 2021, a period when global commodity dynamics were shifting under the weight of post-pandemic recovery. The 116 daily bars from November 20, 2020 to May 14, 2021 capture a market in transition, where supply constraints and demand fluctuations created an environment of heightened uncertainty. Participants face the challenge of navigating this volatile landscape with only simulated capital, testing their analytical frameworks against authentic historical price action.
The period delivered a net gain of 9.0%, with prices moving from 2398.5 to 2614.5, yet this modest headline return masked dramatic internal volatility. A maximum drawdown of 28.9% tested even the most experienced trading desks, while single sessions could deliver moves of 7.4%. The market presented 20 decision points, with 7 deemed critical, demanding constant vigilance and adaptive risk management. These numbers illustrate the gap between surface-level returns and the turbulent journey that produced them.
This replay teaches that disciplined process matters more than outcome prediction. The 28.9% drawdown reveals how sustained losses erode confidence and tempt premature exits, even when the final result is positive. Navigating single-day swings of 7.4% requires pre-defined position sizing and stop-loss logic that survives emotional pressure. The 20 decision points, especially the 7 critical moments, serve as a training ground where traders can build the risk frameworks and psychological resilience that separate sustainable performance from lucky guesses.