Russell 2000 Downtrend Replay (2002-08-22 to 2002-10-09)
Replay 68 turbulent daily bars of the Russell 2000 from July to October 2002, capturing a 20.2% maximum drawdown. Step through 11 decision points with our AI coach for purely simulated, educational market-replay training.
68 daily bars · 11 decision points · 2002-07 to 2002-10 · Stocks
Key facts
This window spans 94 days with a peak-to-trough drawdown of 20.2% and a 14.4% run-up.
- Max drawdown
- −20.2%
- Max run-up
- +14.4%
- Duration
- 94 days
- Largest single-day move
- +4.0%
- Bars
- 68 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 entered August 2002 navigating one of the most treacherous stretches for small-cap stocks in the post-dotcom era. This replay covers 68 daily bars spanning from late July through October 2002, capturing an environment where confidence in corporate accounting and economic recovery remained deeply shaken. Investors faced mounting uncertainty about earnings quality and the sustainability of any rebound attempt.
What unfolded was a sustained downtrend that tested even seasoned participants. The index fell from 400.81 to 373.5, a decline of -6.8% measured by closing prices. However, the true severity emerged in the maximum drawdown of 20.2%—meaning any investor holding through the worst period experienced a fifth of their capital eroded. The largest single daily move of 4.0% illustrates how quickly conditions could shift against the unwary.
For decision training, this scenario excels at teaching discipline under pressure. Participants must navigate 11 decision points, with 4 marked as critical moments requiring careful judgment. The replay forces confrontation with drawdown risk, the psychological difficulty of holding losing positions, and the temptation to chase momentum without understanding underlying fragility. Success here depends not on predicting the bottom but on maintaining process when the market offers no comfort.