Coke Historical Replay: 2024-11 to 2025-05
Reopen the coking-coal slide from late 2024: a 24.5% drop and 26.3% drawdown reshaped ferrous pricing. Step through 20 daily decision points, navigate 7 critical calls, and receive an AI coach review as a simulated educational replay.
114 daily bars · 20 decision points · 2024-11 to 2025-05 · Commodities
Key facts
This window spans 174 days with a peak-to-trough drawdown of 26.3% and a 7.3% run-up.
- Max drawdown
- −26.3%
- Max run-up
- +7.3%
- Duration
- 174 days
- Largest single-day move
- +4.2%
- Bars
- 114 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 replay opens on a coking coal market at a pivotal inflection point in late 2024. Over 114 daily bars spanning November 21, 2024 to May 14, 2025, participants navigate the ferrous complex through a sustained downturn that would reshape pricing dynamics for years to come. This is not a flash crash but a grinding, policy-driven repricing across the 2020s — a regime shift that tests conviction, patience and risk discipline. The stakes are clear: position sizing, timing and psychological resilience will determine whether you emerge from each decision point intact or erode your simulated capital to the point of forced repositioning.
The numbers tell a stark story. From an opening reference near 1962, prices descended to 1482 — a 24.5% decline that carved through technical levels and fundamental assumptions alike. The maximum drawdown of 26.3% tested the patience of even seasoned practitioners, while the largest single-bar move of 4.2% created moments where composure mattered as much as analysis. Seven of the twenty total decision points emerged as critical junctures where a single choice could mean the difference between preserving capital and amplifying losses. The gap between maximum drawdown and total decline reveals this was not a linear slide but one punctuated by sharp reversals that tempted entries and exits in equal measure.
For decision training, this replay is a laboratory of process and psychology. Navigating a 26.3% drawdown without abandoning disciplined risk management separates systematic thinkers from reactive ones. Participants must practice distinguishing between paper losses worth holding and structural breaks demanding repositioning — a judgment call that is impossible to calibrate without replaying the tension of real decision points. The seven critical calls serve as checkpoints: did you predefine your exit logic, or did you let recent price action cloud your framework? This educational scenario does not promise outcomes but sharpens the questions every market participant must answer under uncertainty.
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