Coking Coal Historical Replay: 2022-11 to 2023-05
Replay the 2022–2023 coking coal slide as prices fell 32.9% across 118 daily bars. Walk through every session, tackle seven critical decision points, and receive AI coach feedback in this simulated training environment.
118 daily bars · 21 decision points · 2022-11 to 2023-05 · Commodities
Key facts
This window spans 177 days with a peak-to-trough drawdown of 41.0% and a 16.6% run-up.
- Max drawdown
- −41.0%
- Max run-up
- +16.6%
- Duration
- 177 days
- Largest single-day move
- −18.6%
- Bars
- 118 Daily bars
- Decision points
- 21
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 replay centers on the ferrous coking coal market across the 2020s, specifically from late November 2022 through mid-May 2023. Over 118 daily bars, participants confront a sustained downtrend that reshaped the commodity landscape. With 21 decision points embedded throughout—including 7 deemed critical—trainees must navigate not just the direction of prices but the timing and conviction required to act decisively when momentum accelerates against you. This scenario captures a genuine historical episode where fundamentals shifted and market consensus reversed.
Prices opened at 2129 and collapsed to 1428, a loss of -32.9% by the close. The drawdown profile proved even harsher: a maximum drawdown of 41.0% tested any early bullish thesis, while a largest single-bar move of 18.6% demonstrated the volatility spikes that accompany capitulation phases. Every session from November 21, 2022 to May 17, 2023 is faithfully reconstructed, allowing traders to experience the accumulation of small losses into a significant portfolio drag—and to practice responses when the market offers no easy exits.
The scenario teaches that process matters more than prediction. Trainees learn to manage risk sizing when drawdowns exceed expectations, to recognize when a single session can reprice an entire position, and to distinguish between temporary dislocations and structural trend changes. The seven critical junctures force disciplined thinking about entry, exit, and scaling under pressure. This historical replay is a training ground for building the psychological resilience required when markets move against you over months rather than days.