Coking Coal Historical Replay: 2023-02 to 2023-05
Replay the 2023-02 to 2023-05 coking coal slide, a 35.8% drawdown across 64 daily bars. You step through each authentic trading day, face 4 critical decision points, and receive an AI coach review of your simulated choices.
64 daily bars · 11 decision points · 2023-02 to 2023-05 · Commodities
Key facts
This window spans 93 days with a peak-to-trough drawdown of 35.8% and a 15.4% run-up.
- Max drawdown
- −35.8%
- Max run-up
- +15.4%
- Duration
- 93 days
- Largest single-day move
- −10.2%
- 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 early 2023, the coking coal market entered a period of profound instability that would test the resolve of any participant. Spanning 64 trading days from February 6 to May 10, this crisis scenario unfolded against a backdrop of global financial uncertainty, with market participants facing a brutal -26.4% decline. The ferrous commodities sector, particularly sensitive to macroeconomic shifts, became a focal point for risk-off positioning as sentiment deteriorated rapidly.
The numbers tell a stark story. What began as a decline from 1835.5 evolved into a sustained downtrend that ultimately reached 1351.5, representing a devastating -26.4% loss. The maximum drawdown of 35.8% captures the full depth of this drawdown episode, while a single-bar move of 10.2% reflects the violent intraday swings that characterized this period. These figures underscore how rapidly paper losses can compound when volatility strikes, transforming orderly markets into treacherous territory.
For decision training, this replay offers invaluable lessons in managing exposure during accelerating downtrends. Participants confront 11 decision points, including 4 critical junctures that demand clearheaded assessment of risk versus reward. The scenario forces traders to examine their psychological resilience—will they hold through mounting losses or exit at precisely the wrong moment? Successfully navigating this replay requires disciplined position sizing, predefined exit triggers, and the emotional equilibrium to avoid panic-driven decisions that amplify losses.
Featured in the archive