FTSE 250 Downtrend Replay (1997-03-11 to 1997-07-10)
Replay a 1997 FTSE 250 correction that fell 7.3% from peak to trough across daily bars. Step into 11 decision points, make calls after each session, and receive an AI coach review of your simulated historical judgment.
150 daily bars · 11 decision points · 1997-01 to 1997-08 · Stocks
Key facts
This window spans 216 days with a peak-to-trough drawdown of 7.3% and a 7.2% run-up.
- Max drawdown
- −7.3%
- Max run-up
- +7.2%
- Duration
- 216 days
- Largest single-day move
- −1.9%
- Bars
- 150 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
Between January and August 1997, the FTSE 250 drifted through a quiet but instructive stretch of British mid-cap equities, the kind of tape that rarely makes headlines yet quietly tests the discipline of every participant. The close moved only modestly from 4587 to 4650, a 1.4% net drift, yet the path between those endpoints was anything but calm. Investors had to weigh steady index levels against intermittent sell-offs, balancing the temptation to declare the coast clear with the reality that sharp single-session swings were still landing on the tape. The exercise invites you to inhabit that ambiguity rather than resolve it prematurely.
Within roughly 150 daily bars, the index carved out a 7.3% maximum drawdown from peak to trough, a reminder that meaningful corrections can unfold even when the headline number eventually looks unremarkable. The largest single-bar move reached 1.9%, large enough to wound leveraged books and to challenge anyone anchoring on prior closes. Across that arc, the replay surfaces 11 decision points, with 4 flagged as critical, meaning roughly one in three sessions carries an outsized influence on the trajectory you will experience. Each forced choice asks whether to lean into the dip, stand aside, or rebalance into the chop, and the consequences of those calls compound quietly as the drawdown deepens and recovers.
The deeper lesson is procedural rather than predictive. A 7.3% drawdown inside a range-bound tape teaches that volatility, not direction, is often the true adversary, and that risk management frameworks must function before the catalyst is identified. Decision training here is about pacing: how you size into uncertainty, how you react when a 1.9% move arrives unannounced, and how you document the reasoning at each of the 11 checkpoints so the AI coach can audit your judgment rather than your luck. The psychology tested is patience under flatness and courage during drawdowns, skills that travel well beyond any single historical window.
Featured in the archive