Bubble · Jakarta Composite Index (2024)
Replay the Jakarta Composite Index from November 2023 to June 2024, watching the index edge up just 1.3% while suffering a 9.5% drawdown amid bubble conditions. Work through 25 decision points day-by-day, then review your choices with the AI coach in a simulated training environment.
144 daily bars · 25 decision points · 2023-11 to 2024-06 · Stocks
Key facts
This window spans 231 days with a peak-to-trough drawdown of 9.5% and a 9.5% run-up.
- Max drawdown
- −9.5%
- Max run-up
- +9.5%
- Duration
- 231 days
- Largest single-day move
- −2.1%
- Bars
- 144 Daily bars
- Decision points
- 25
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 Jakarta Composite Index enters November 2023 teetering between optimism and excess. Tech and new energy sectors are commanding valuations that strain credibility, creating the backdrop for a market replay where distinguishing genuine momentum from speculative froth becomes the central challenge. Over 144 trading days through June 2024, participants navigate a market that rewards patience as much as it punishes overconfidence, with 25 decision points embedded in the replay—nine of them critical junctures where positioning choices carry amplified consequences.
The headline number tells a deceptive story: the index closed at 6879.98, a mere 1.3% gain from its 6788.85 starting point. Yet beneath this flat performance lies a turbulent journey. The maximum drawdown reached 9.5%, swallowing early gains and testing the resolve of anyone holding positions through volatility spikes. The largest single-bar move of 2.1% captures moments when sentiment pivoted sharply, whether on domestic policy signals or global risk-off episodes. For traders working through decision points day-by-day, the market offered no easy ride.
This scenario teaches that flat markets can be the hardest to navigate. A 9.5% drawdown on modest gains forces traders to confront the gap between effort and outcome—a psychological hurdle that often leads to overtrading or abandoning disciplined frameworks. The nine critical decision points simulate moments where conviction must override short-term noise, testing whether participants have a repeatable process or are simply reacting. Bubble conditions expose the difference between risk management and risk denial, making this replay a valuable test of trading psychology under false signaling environments.