S&P 600 SmallCap Downtrend Replay (2004-03-04 to 2004-03-24)
Replay a brief 30-bar S&P 600 SmallCap segment that closed up 5.6% yet suffered a 6.0% max drawdown across February–April 2004. Step through daily decisions, tackle seven decision points with three flagged critical, and receive an AI coach review in this simulated educational training environment.
30 daily bars · 7 decision points · 2004-02 to 2004-04 · Stocks
Key facts
This window spans 39 days with a peak-to-trough drawdown of 6.0% and a 7.0% run-up.
- Max drawdown
- −6.0%
- Max run-up
- +7.0%
- Duration
- 39 days
- Largest single-day move
- +2.5%
- Bars
- 30 Daily bars
- Decision points
- 7
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 replay captures a modest uptrend in the S&P 600 SmallCap index during early 2004. Over 30 daily bars spanning February through April, small-cap stocks navigated a correction environment where the ultimate direction remained uncertain. Seven decision points punctuate this segment, three flagged as critical moments where positioning choices carried heightened consequence.
The index closed the period at 24.12, having opened at 22.85 for a net gain of 5.6%. Yet this positive outcome arrived after a maximum drawdown of 6.0%, meaning interim losses tested investor conviction before the recovery materialized. The largest single-day swing reached 2.5%, illustrating how small-cap volatility can quickly shift sentiment even within a relatively short window.
For trainees, this segment emphasizes the gap between eventual outcomes and interim experience. Managing risk through a 6.0% drawdown without abandoning a profitable thesis requires disciplined process and clear psychological anchors. The three critical points serve as practical workshops for practicing entry timing, position sizing, and emotional regulation under conditions where the market's near-term direction offers no easy answers.
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