Coking Coal Historical Replay: 2024-07 to 2025-01
Coking coal slid 27.2% from 1507 to 1097 across 116 trading days, with a 29.0% drawdown testing even seasoned observers. In this replay you move bar by bar, face 20 decision points including 7 critical ones, and receive an AI coach review on every choice. Simulated capital only, built purely for historical decision training.
116 daily bars · 20 decision points · 2024-07 to 2025-01 · Commodities
Key facts
This window spans 171 days with a peak-to-trough drawdown of 29.0% and a 25.9% run-up.
- Max drawdown
- −29.0%
- Max run-up
- +25.9%
- Duration
- 171 days
- Largest single-day move
- +10.3%
- 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 global coking coal market entered the second half of 2024 at a critical juncture. As the US Federal Reserve signaled and then executed rate cuts in September, the US dollar weakened, reshaping the cost structure and demand outlook for steelmaking inputs across international markets. This replay spans 116 trading days from late July 2024 through early January 2025, a period when participants faced not only directional price risk but also the psychological challenge of managing exposure through a major macro regime shift. The scenario is designed to test how traders navigate uncertainty when fundamental drivers are in flux.
What unfolded was a sustained downward trajectory that tested even experienced market participants. Coking coal prices fell from 1507 to 1097, representing a decline of 27.2% across the full period. The journey was anything but smooth—participants would have encountered a maximum drawdown of 29.0%, with individual sessions producing moves as large as 10.3%, creating frequent moments where conviction and risk management came into direct conflict. The 20 decision points embedded in this replay, including 7 designated as critical moments, replicate the pressure of real-time position management during a prolonged bear market.
This replay offers a structured environment to examine decision-making under the specific pressures of a trending commodity decline. Across the 20 decision points, participants must practice calibrating position size against drawdown risk, resisting the impulse to average down in a falling market, and maintaining disciplined exit strategies when price action violates key levels. The psychological dimension is equally important: enduring a 29.0% drawdown while staying true to a sound process separates skilled practitioners from reactive ones. By engaging with these historical moments using simulated capital, learners can develop the emotional resilience and analytical rigor that sustained performance in volatile markets demands.