ISEQ Downtrend Replay (2006-03-31 to 2006-06-13)
Replay the 2006 ISEQ correction across 98 daily bars, where the index slid 9.4% from 7943.67 to 7198.19 with a peak drawdown of 13.8%. You step through each session, react to 11 decision points, and receive an AI coach review of your simulated choices.
98 daily bars · 11 decision points · 2006-02 to 2006-07 · Stocks
Key facts
This window spans 143 days with a peak-to-trough drawdown of 13.8% and a 10.0% run-up.
- Max drawdown
- −13.8%
- Max run-up
- +10.0%
- Duration
- 143 days
- Largest single-day move
- −4.9%
- Bars
- 98 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 Irish Stock Exchange's ISEQ index entered 2006 in an environment of cautious optimism, riding the tail end of a multi-year bull phase that had rewarded equity investors throughout the early-to-mid 2000s. Between late February and mid-July, the replay spans 98 daily bars, placing participants directly into a market transitioning from complacency to concern. The scenario captures a genuine historical correction—not a contrived stress test—so the stakes are rooted in authentic price discovery and sentiment shifts that shaped real portfolios at the time.
What unfolded was a sustained pullback: the ISEQ descended from an opening reference of 7943.67 to a closing level of 7198.19, translating to a cumulative decline of 9.4%. The journey was far from linear; peak drawdown reached 13.8%, and individual sessions saw intraday swings as large as 4.9%, creating moments of acute uncertainty. Across the replay, participants confronted 11 decision points—4 deemed critical—forcing them to choose between holding, reducing exposure, or adjusting position sizing as momentum shifted session by session.
For decision training, this replay is valuable precisely because it resists dramatic narratives. The correction was orderly yet relentless, teaching traders to manage risk when no single catalyst dominates the headlines. Navigating 13.8% drawdown without panic requires disciplined process: predefined exit levels, position scaling, and emotional detachment from daily fluctuations. The largest single-bar move underscores that volatility clusters, demanding preparedness rather than reactive guesswork. By stepping through each session and justifying choices at each decision point, learners internalize how disciplined execution, not prediction, separates resilient traders from those who capitulate during inevitable downturns.
Featured in the archive