Default · KOSPI Index (1997)
Replay 148 days of the 1997 KOSPI slide, where the index fell 24.0% to 522.11 amid a 40.6% drawdown. Step through each session, tackle decision points, and receive an AI coach review in this simulated market-replay training.
148 daily bars · 25 decision points · 1997-04 to 1997-11 · Stocks
Key facts
This window spans 221 days with a peak-to-trough drawdown of 40.6% and a 18.0% run-up.
- Max drawdown
- −40.6%
- Max run-up
- +18.0%
- Duration
- 221 days
- Largest single-day move
- +8.7%
- Bars
- 148 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
Between April and November 1997, the Korean stock market entered one of the most turbulent stretches of its post-war history, and the KOSPI index became the daily scoreboard of that pressure. The replay covers 148 trading sessions, a window long enough for structural concerns about corporate balance sheets and currency stability to migrate from analyst notes into tape-driven price action. For any trainee, the value of the period lies in its clarity: a single benchmark, an unmistakable regime shift, and decision points clustered around the moments where policy headlines met order flow.
What unfolds across those 148 bars is a slide from a 687.42 close to 522.11, a headline return of -24.0% that masks a much rougher interior. The maximum drawdown reaches 40.6%, meaning any participant who bought near the local peak and never de-risked endured a far steeper loss than the start-to-finish figure suggests. Volatility was episodic rather than steady: the largest single-bar move of 8.7% illustrates how concentrated the pressure became on event days. The replay therefore forces the trainee to think in two registers at once, the slow bleed of the trend and the sudden jumps around decision points.
The training lesson is procedural rather than predictive. The right question at each decision point is not what the index will do next, but whether the response fits the information at hand and the position already on. Trainees should practice sizing to survive a 40.6% drawdown, pre-committing exit rules before a session with an 8.7% range, and journaling the emotional difference between a quiet -24.0% drift and a violent one-day shock. The deeper payoff is comfort with uncertainty: learning to act, and to refrain from acting, when policy news rewrites the map mid-session.
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