Bubble · Shanghai Composite Index (2007)
China's Shanghai Composite surged 73.4% between December 2006 and August 2007, a speculative policy-driven bubble that ended in a 16.6% drawdown. Replay the 144 days bar by bar, tackle 25 decision points, and get an AI coach review in this simulated training scenario.
144 daily bars · 25 decision points · 2006-12 to 2007-08 · Stocks
Key facts
This window spans 218 days with a peak-to-trough drawdown of 16.6% and a 80.3% run-up.
- Max drawdown
- −16.6%
- Max run-up
- +80.3%
- Duration
- 218 days
- Largest single-day move
- −8.8%
- Bars
- 144 Daily bars
- Decision points
- 25
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 late 2006, the Shanghai Composite Index entered one of the most spectacular speculative bubbles in emerging market history. Driven by aggressive policy signals and frenzied retail participation, the market entered a period where concept stocks and policy hopes overwhelmed traditional valuation metrics. For traders and analysts training during this era, the challenge was to navigate an environment where sentiment shifted rapidly between euphoria and fear, all while the market climbed to increasingly precarious heights.
Over 144 daily bars spanning December 2006 to August 2007, the index rocketed from 2479.73 to 4300.56, delivering a 73.4% return in roughly seven months. Yet this relentless ascent was punctuated by violent setbacks, including a maximum drawdown of 16.6% and single-bar moves as dramatic as 8.8%. Within this data, trainees confront 25 decision points, nine of which the scenario designates as critical junctures where positioning could dramatically reshape outcomes.
This replay strips away hindsight to test real decision-making under uncertainty. Participants must grapple with anchoring bias as prices surge, herding pressure as momentum accelerates, and risk management when volatility reaches extremes. Surviving a 16.6% drawdown without abandoning process, or resisting the pull of crowd psychology during parabolic climbs, separates disciplined traders from those merely riding luck. The bubble ultimately bursts, but the lasting lesson lies in the decisions made before the peak, not after.