Russell 2000 Uptrend Replay (1998-01-12 to 1998-04-21)
Replay the 1998 Russell 2000 rally across 138 daily bars with a 6.0% close gain and an 8.6% drawdown. Walk through 11 decision points day-by-day in a simulated environment and receive an AI coach review of your choices.
138 daily bars · 11 decision points · 1997-11 to 1998-06 · Stocks
Key facts
This window spans 202 days with a peak-to-trough drawdown of 8.6% and a 19.6% run-up.
- Max drawdown
- −8.6%
- Max run-up
- +19.6%
- Duration
- 202 days
- Largest single-day move
- −3.0%
- Bars
- 138 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
The Russell 2000 index in early 1998 found itself navigating a period of heightened uncertainty following the Asian financial crisis. From November 1997 through June 1998, the small-cap benchmark experienced a notable uptrend that tested the resolve of traders and investors alike. This 138-bar daily replay captures a market caught between lingering global concerns and domestic economic resilience, where every decision point carried significant implications for portfolio positioning.
The period witnessed the Russell 2000 advance from 430.69 to 456.74, representing a 6.0% closing gain. However, the journey was far from linear—an 8.6% drawdown tested risk management discipline, while the largest single-bar move of 3.0% reminded participants that momentum can shift rapidly. Across 11 decision points, including 4 critical junctures, traders faced repeated tests of conviction versus caution in a market that rewarded neither pure optimism nor excessive hedging.
This replay emphasizes that successful navigation of trending markets demands more than directional bias. Participants must cultivate the discipline to distinguish between temporary setbacks and structural trend breaks, manage position sizes against a known maximum drawdown tolerance, and maintain psychological equilibrium when single sessions deliver outsized moves. The educational value lies not in predicting the next 6.0% gain, but in developing the repeatable processes and emotional resilience that allow traders to execute soundly regardless of market outcome.