Default · Shanghai Composite Index (2014)
Replay 144 daily bars on the Shanghai Composite Index between 2013-11-06 and 2014-06-09 as China's first public-bond default reshapes market expectations. Walk through 25 decision points, including 9 critical calls, with an AI coach reviewing each simulated move.
144 daily bars · 25 decision points · 2013-11 to 2014-06 · Stocks
Key facts
This window spans 215 days with a peak-to-trough drawdown of 11.6% and a 7.8% run-up.
- Max drawdown
- −11.6%
- Max run-up
- +7.8%
- Duration
- 215 days
- Largest single-day move
- +2.9%
- 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
The Shanghai Composite Index entered a historically significant period from November 2013 to June 2014, when China's first public bond default reshaped market expectations. During these 144 trading days, investors faced a landscape where credit risk was no longer a theoretical concept but an unfolding reality. The scenario captures the tension between those who believed the government would backstop all debt and those who recognized that market discipline was beginning to emerge. This wasn't just another market correction—it represented a potential paradigm shift in how Chinese capital markets priced risk.
The index closed the period at 2030.5, down 5.1% from its opening of 2139.61. The journey was far more turbulent than the net decline suggests, with a maximum drawdown of 11.6% and a largest single-bar move of 2.9%. These figures reveal the emotional whiplash participants endured as news flow alternated between crisis and reassurance. The 25 decision points woven through this replay—9 deemed critical—forced participants to take stands repeatedly as the market struggled to find its footing. Each decision carried weight, and the compounding effect of these choices separated disciplined participants from reactive ones.
This replay sharpens the skill of decision-making under uncertainty, where the outcome of each choice depends on information not yet revealed. Participants learn to manage risk not by predicting events but by preparing for multiple scenarios and sizing positions accordingly. The psychological dimension is equally demanding: absorbing a double-digit drawdown while maintaining the clarity to execute the next decision well. For training purposes, the value lies in experiencing that drawdown and reflecting on whether your process held firm or whether fear and hope drove the next move. The index may have ended down only 5.1%, but the journey tested every dimension of a trader's decision-making framework.