Crisis · KOSPI Index (1997)
Replay the 1997-1997 Korean crisis as the KOSPI fell 30.3% across 144 trading days of extreme volatility. Step through each historical session, face 25 decision points, and receive an AI coach review in a simulated, educational environment.
144 daily bars · 25 decision points · 1997-07 to 1998-02 · Stocks
Key facts
This window spans 223 days with a peak-to-trough drawdown of 55.1% and a 59.2% run-up.
- Max drawdown
- −55.1%
- Max run-up
- +59.2%
- Duration
- 223 days
- Largest single-day move
- −11.0%
- 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
Between July 1997 and February 1998, the Korean stock market became the focal point of one of Asia's most severe financial upheavals. The KOSPI index, a broad measure of domestic equities, entered a stretch of daily sessions defined by extraordinary uncertainty over currency stability, corporate solvency, and the pace of policy response. With capital under genuine stress and no clear timeline for resolution, the stakes for any decision-maker navigating those sessions were unusually high.
Across the 144 daily bars of the replay window, the index closed at 777.29 and finished at 541.77, a cumulative decline of -30.3%. The path, however, was far from orderly: the maximum drawdown reached 55.1%, meaning a participant entering at the wrong moment could have experienced losses far steeper than the endpoint suggests, while the largest single-bar move of 11.0% illustrates the kind of gap risk that disciplined processes must absorb. Twenty-five decision points, nine of them marked as critical, punctuate the timeline, each forcing a choice under conditions where the next session could reverse the prior day's narrative.
For decision training, the value of this period lies less in predicting the trough than in rehearsing how to act when information is incomplete and volatility dominates. Replaying the sequence trains users to separate process from outcome, to size exposure against drawdown rather than headline return, and to recognize how emotional reactions to a -30.3% print can distort judgment about a 55.1% intra-period peak-to-trough move. The lesson is structural: surviving the largest single-bar move of 11.0% requires rules written before the crisis, not improvised during it.