Russell 2000 Downtrend Replay (1990-09-10 to 1990-10-30)
Replay a 1990 Russell 2000 correction that erased 17.4% over 74 trading days. Step through each daily bar, face 11 decision points including 4 critical junctures, and receive an AI coach review of your choices in this simulated market-training scenario.
74 daily bars · 11 decision points · 1990-08 to 1990-11 · Stocks
Key facts
This window spans 105 days with a peak-to-trough drawdown of 21.5% and a 5.6% run-up.
- Max drawdown
- −21.5%
- Max run-up
- +5.6%
- Duration
- 105 days
- Largest single-day move
- −4.4%
- Bars
- 74 Daily bars
- Decision points
- 11
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 the late summer of 1990, the Russell 2000 entered a sustained pullback that would test the discipline of any investor navigating a declining small-cap market. This replay spans 74 trading days from August through late November 1990, placing participants inside a genuine historical correction with 11 decision points—4 of them critical junctures where positioning and risk management could not be deferred. The scenario captures an authentic stretch of the 1990s market, a period when small caps faced headwinds without the liquidity tools available today.
The index fell from 150.12 to 123.99, a decline of 17.4% over the dataset window, with peak-to-trough drawdown reaching 21.5% and individual daily swings as large as 4.4%. Participants experience the full weight of compounding losses and the challenge of distinguishing temporary volatility from structural breakdown—a distinction that separates reactive capitulation from disciplined adjustment.
This correction serves as a laboratory for the psychological traps that accompany downturns: anchoring to entry prices, rationalizing delay, and misjudging the severity of drawdowns. The critical junctures force participants to articulate their reasoning under pressure, building the risk calibration and emotional discipline that historical market stress demands. The replay teaches that sound decision-making hinges not on predicting outcomes but on maintaining process integrity when certainty dissolves.
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