S&P 400 MidCap Downtrend Replay (2004-04-05 to 2004-05-17)
Replay 60 daily bars of a 2004 S&P 400 MidCap correction that still closed up 0.8%. Step through the 11 decision points, weigh your choices, and receive an AI coach review of your simulated judgment.
60 daily bars · 11 decision points · 2004-03 to 2004-06 · Stocks
Key facts
This window spans 87 days with a peak-to-trough drawdown of 8.9% and a 7.3% run-up.
- Max drawdown
- −8.9%
- Max run-up
- +7.3%
- Duration
- 87 days
- Largest single-day move
- −2.1%
- Bars
- 60 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 2004 S&P 400 MidCap correction replay places you in the spring of 2004, navigating 60 daily bars from March 12 to June 7 across a market experiencing notable volatility. The S&P 400 MidCap index—a segment that blends growth potential with mid-cap sensitivity—found itself in a drawdown environment where maintaining composure under pressure was the central challenge. With 11 decision points, including 4 marked as critical, participants must demonstrate disciplined risk management and clear thinking amid uncertainty.
The data reveals a resilient but turbulent journey: from an opening level of 597.6, the index closed at 602.34, delivering a modest 0.8% gain despite the difficulty. This headline figure obscures the struggle beneath—the maximum drawdown reached 8.9%, and the largest single-day move hit 2.1%, creating moments of genuine stress. Navigating from April 5 to May 17, the correction tested every participant's ability to hold course without panic selling at the lows.
For decision training, this replay emphasizes three core lessons: the importance of distinguishing temporary drawdowns from structural breaks, the psychological discipline required to avoid reactive selling, and the value of predefined exit strategies when volatility spikes. Participants learn that even favorable long-term outcomes can coexist with significant interim losses, and that process—not outcome—should guide trading decisions.
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