Collapse · KOSPI Index (1998)
Replay 150 daily bars of the 1998 KOSPI collapse, a -36.2% slide from 456.2 to 291.15 with a 51.2% max drawdown. Step through each day, navigate 26 decision points, and receive an AI coach review of your simulated choices.
150 daily bars · 26 decision points · 1998-01 to 1998-08 · Stocks
Key facts
This window spans 218 days with a peak-to-trough drawdown of 51.2% and a 30.4% run-up.
- Max drawdown
- −51.2%
- Max run-up
- +30.4%
- Duration
- 218 days
- Largest single-day move
- +10.5%
- Bars
- 150 Daily bars
- Decision points
- 26
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
In early 1998, the KOSPI Index stood at the center of the Asian Financial Crisis aftermath. Korean markets faced severe stress as the economy grappled with currency collapse, corporate defaults, and sweeping policy interventions. For traders and investors, this period posed a fundamental question: how does one make sound decisions when systemic risk dominates every price move?
The replay covers 150 daily bars from 1998-01-12 to 1998-08-18, during which KOSPI fell from 456.2 to 291.15, a -36.2% decline. The market suffered a maximum drawdown of 51.2%, with the largest single-day swing reaching 10.5%. Throughout this brutal slide, participants confronted 26 decision points, of which 9 were deemed critical — moments where positioning and risk management made the difference between compounding losses or preserving capital.
This scenario tests three core competencies. Process discipline matters when every instinct screams to act; a structured approach to entry, sizing, and exit provides ballast against panic. Risk calibration becomes vivid: a 51.2% drawdown is not an abstraction but a lived experience of capital erosion. Psychology is the final exam — the market offers no sympathy, only feedback. Navigating this collapse cultivates the emotional equilibrium needed to survive environments where policy uncertainty meets price violence.