IBEX 35 Downtrend Replay (2020-08-12 to 2020-09-25)
Replay the IBEX 35 trading days from 2020-07-20 to 2020-10-19, a 66-bar stretch that erased 8.3%. Step through each session, navigate 11 decision points, and receive an AI coach review of your simulated choices.
66 daily bars · 11 decision points · 2020-07 to 2020-10 · Stocks
Key facts
This window spans 91 days with a peak-to-trough drawdown of 11.6% and a 6.1% run-up.
- Max drawdown
- −11.6%
- Max run-up
- +6.1%
- Duration
- 91 days
- Largest single-day move
- −3.4%
- Bars
- 66 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 IBEX 35 correction scenario immerses traders in a challenging 66-bar stretch from July 20 to October 19, 2020, during the volatile post-pandemic recovery. This period presented a critical test of decision-making under pressure as European markets struggled to find direction after the initial COVID-19 rebound. Participants navigate 11 decision points, with 4 designated as critical junctures, each requiring careful risk assessment and strategic discipline. The scenario captures the psychological tension of a market in retreat.
The index retreated from 7478 to 6860.2, delivering an -8.3% loss over the data span. The journey proved more painful than the headline figure suggests, with maximum drawdown reaching 11.6% and the largest single session move measuring 3.4%. These statistics underscore how sustained corrections can exceed initial expectations, punishing those who underestimate the persistence of bearish momentum. Volatility remained elevated throughout, demanding constant recalibration of positions.
This replay teaches risk management through direct experience rather than theory. Participants confront the discipline required to size positions appropriately, set meaningful stops, and avoid averaging into deteriorating positions. Psychologically, the scenario reveals how loss aversion and the temptation to "wait for recovery" can derail sound process. Successful navigation requires separating market noise from genuine signals and maintaining conviction in one's methodology even as portfolio values decline.