Hot-rolled Coil Historical Replay: 2023-07 to 2023-10
Replay 64 daily bars of Chinese hot-rolled coil futures from 2023-07-24 to 2023-10-27, when a 10.0% drawdown tested bullish conviction. Step through 11 decision points, weigh each move with the AI coach, and sharpen your risk discipline in a simulated training environment.
64 daily bars · 11 decision points · 2023-07 to 2023-10 · Commodities
Key facts
This window spans 95 days with a peak-to-trough drawdown of 10.0% and a 5.1% run-up.
- Max drawdown
- −10.0%
- Max run-up
- +5.1%
- Duration
- 95 days
- Largest single-day move
- −2.7%
- 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
Chinese hot-rolled coil futures entered a demanding period in mid-2023 as market participants weighed China's uneven economic recovery against broader infrastructure demand expectations. From July 24 to October 27, 2023—a span of 64 trading days—players in this ferrous market faced a grinding test of conviction. The central question was whether optimism around Chinese stimulus measures could withstand mounting pressure from weaker-than-expected demand signals, with a 10.0% drawdown serving as the ultimate arbiter of bullish resolve.
The market ultimately closed the period at 3844, down 1.9% from the opening 3918, though the journey proved far more turbulent than the net change suggests. A maximum drawdown of 10.0% tested positions severely, while the largest single session moved 2.7%—enough to unsettle even disciplined traders. Across 11 decision points, including 4 critical junctures, participants navigated a market that offered no clear directional conviction, rewarding those who could distinguish between temporary dislocations and genuine trend changes.
For decision training, this replay emphasizes that surviving a drawdown is as much psychological as it is technical. The -1.9% net outcome masks the real lesson: managing through 10.0% peak losses without abandoning sound process. Trainees learn to question whether each decision point was driven by evolving fundamentals or by emotional reaction to price movement. The simulated environment allows players to practice holding conviction under pressure—or learning when disciplined exit serves better than stubborn persistence.