Policy · NASDAQ Composite Index (2000)
Replay 144 daily bars of the 1999-11-04 to 2000-05-31 NASDAQ window, where a 37.3% peak-to-trough drawdown revealed how rate hikes pierced the dot-com bubble. Step through each session, face 25 decision points including 9 critical ones, and receive an AI coach review of your simulated trades.
144 daily bars · 25 decision points · 1999-11 to 2000-05 · Stocks
Key facts
This window spans 209 days with a peak-to-trough drawdown of 37.3% and a 65.2% run-up.
- Max drawdown
- −37.3%
- Max run-up
- +65.2%
- Duration
- 209 days
- Largest single-day move
- −9.7%
- 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
By late 1999 the NASDAQ Composite had become the epicenter of the dot-com era, with technology valuations reaching historic extremes. The Federal Reserve, concerned about inflationary pressures from rapid growth, was in a rate-hiking cycle that would test those lofty prices. This replay spans 1999-11-04 to 2000-05-31, capturing the moment when monetary tightening began to intersect with speculative excess. The market at stake was nothing less than the credibility of tech-heavy valuations and the portfolios built upon them.
Over 144 daily bars the index managed a nominal advance of 11.3%, closing at 3400.91 from 3055.95. Yet this surface-level gain concealed violent internal turbulence: a 37.3% peak-to-trough drawdown devastated positions held through the period. Volatility was extreme, with the largest single-bar move reaching 9.7%. Navigating this environment meant confronting sudden gaps, trend reversals, and the psychological strain of watching significant paper losses accumulate.
This scenario distills essential lessons about process discipline under stress. Traders faced 25 decision points, 9 deemed critical, demanding consistent application of risk rules regardless of market narrative. The episode teaches that nominal index returns obscure real risk exposure, that drawdowns compound psychologically, and that policy shifts can invalidate existing assumptions rapidly. For training purposes, the replay forces participants to manage position sizing, honor stop-loss logic, and maintain composure when conventional wisdom proves insufficient.