Regulation · NASDAQ Composite Index (2000)
Replay 144 days of the 1999–2000 NASDAQ saga, a stretch that carved out a 37.3% drawdown after a 9.7% single-day swing. Walk through 25 decision points, including 9 critical ones, with day-by-day choices reviewed by an AI coach in a simulated training environment.
144 daily bars · 25 decision points · 1999-11 to 2000-06 · Stocks
Key facts
This window spans 209 days with a peak-to-trough drawdown of 37.3% and a 51.3% run-up.
- Max drawdown
- −37.3%
- Max run-up
- +51.3%
- 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 November 1999 the NASDAQ Composite had become the epicenter of the dot-com era, where technology valuations defied traditional metrics and regulatory scrutiny loomed large. The Microsoft antitrust case represented the defining policy battle of that moment, casting a shadow over the entire tech sector and introducing a layer of political uncertainty that few traders had learned to price. Participants entering this replay step into a market where policy announcements could reverse trends overnight, testing whether they can hold conviction when headlines scream panic or euphoria.
The 144 trading days from November 18, 1999 to June 14, 2000, witnessed the index rise from 3347.11 to 3797.41, a net gain of 13.5 percent that conceals a far wilder journey. The maximum drawdown of 37.3 percent and the largest single-bar move of 9.7 percent reveal how policy headlines amplified volatility beyond what most position-sizing models anticipated. Staying invested through that drawdown meant enduring pain that tested every trader's discipline and forced hard questions about conviction versus stubbornness.
This replay sharpens the ability to navigate regimes where regulatory uncertainty, valuation extremes, and crowd psychology intersect. The 25 decision points, including 9 critical junctures, train participants to distinguish signal from noise, maintain risk discipline when confidence erodes, and manage the emotional pull toward reactive exits or entries. The lesson is not about predicting policy outcomes but about building process and psychology robust enough to survive when the predictable becomes impossible.