IBEX 35 Downtrend Replay (2005-02-15 to 2005-04-27)
Replay Spain's IBEX 35 correction across 100 daily bars from January to May 2005, a period that still climbed 4.4% despite a 6.7% drawdown. Walk through each session, tackle 11 decision points including 4 critical moments, and receive an AI coach review of your simulated choices.
100 daily bars · 11 decision points · 2005-01 to 2005-05 · Stocks
Key facts
This window spans 141 days with a peak-to-trough drawdown of 6.7% and a 7.7% run-up.
- Max drawdown
- −6.7%
- Max run-up
- +7.7%
- Duration
- 141 days
- Largest single-day move
- −2.2%
- Bars
- 100 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
The Spanish IBEX 35 entered 2005 as one of Europe's leading equity indices, and the first five months of the year presented investors with a nuanced correction scenario across 100 daily trading bars. This replay covers the period from January 10 to May 31, 2005, capturing a market navigating uncertainty within the broader 2000s bull cycle. Participants face the challenge of managing positions through a pullback that tested conviction while the longer-term trend eventually rewarded patience.
Despite the apparent simplicity of a 4.4% net gain from 9028.5 to 9427.1, the path was anything but linear. The index experienced a maximum drawdown of 6.7% and its largest single session move reached 2.2%, creating moments of elevated volatility that demanded disciplined risk management. Eleven decision points were embedded throughout the period, four of which represented critical junctures where directional bias and capital preservation were simultaneously put to the test.
This replay session isolates the psychological and procedural challenges inherent to navigating corrections. Participants must practice distinguishing between temporary price noise and genuine trend deterioration, managing drawdowns without abandoning sound process, and making decisive choices at critical inflection points. The historical record demonstrates that even modest overall gains can mask significant intra-period turbulence, making this scenario particularly valuable for developing emotional equilibrium under pressure.
Featured in the archive