Bubble · NASDAQ Composite Index (2000)
The NASDAQ Composite surged 29.6% from October 1999 to May 2000, an era of policy-driven volatility and a 34.2% drawdown. Replay each trading day, tackle 25 decision points, and receive AI coach feedback in this simulated educational scenario.
142 daily bars · 25 decision points · 1999-10 to 2000-05 · Stocks
Key facts
This window spans 204 days with a peak-to-trough drawdown of 34.2% and a 80.1% run-up.
- Max drawdown
- −34.2%
- Max run-up
- +80.1%
- Duration
- 204 days
- Largest single-day move
- −9.7%
- Bars
- 142 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 NASDAQ Composite in late 1999 and early 2000 represented the apex of the dot-com era. Markets were riding a wave of technology enthusiasm and speculation. Against this backdrop, policymakers were grappling with the appropriate response to emerging imbalances, creating an environment of heightened uncertainty where every data point and policy signal carried magnified significance for investors navigating this transition period.
From October 26, 1999 to May 17, 2000, the index rose from 2811.47 to 3644.96, a gain of 29.6%. Yet this headline number concealed a turbulent journey: a maximum drawdown of 34.2% and a largest single-day swing of 9.7% tested the resolve of every participant. Across the 142 daily bars, traders faced 25 decision points, 9 of which were critical, demanding continuous reassessment of positioning as the market oscillated between euphoria and fear.
This replay hones the ability to maintain decision discipline amid extreme volatility. Participants must confront the psychological tension between acknowledging bubble conditions and respecting momentum, between risk management and opportunity capture. The scenario teaches that surviving volatile periods requires not prediction but process—a structured approach to evaluating each decision point independently while maintaining awareness of the broader risk landscape shaped by policy uncertainty and market psychology.