Energy Sel SPDR Downtrend Replay (2002-04-19 to 2002-07-23)
Relive a brutal 2002 energy ETF stretch with a 32.8% maximum drawdown across 132 daily bars. Replay each session, face eleven decision points, and receive an AI coach review of your simulated choices.
132 daily bars · 11 decision points · 2002-03 to 2002-09 · Stocks
Key facts
This window spans 189 days with a peak-to-trough drawdown of 32.8% and a 19.6% run-up.
- Max drawdown
- −32.8%
- Max run-up
- +19.6%
- Duration
- 189 days
- Largest single-day move
- +6.7%
- Bars
- 132 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
In the spring of 2002, the Energy Select Sector SPDR faced a punishing environment as oil prices softened and investor confidence in the sector eroded. Over 132 daily bars spanning from March to September, this ETF tracked one of the most difficult stretches for energy equities in the early 2000s. Eleven decision points—four deemed critical—punctuate the replay, forcing participants to navigate a market where the consensus narrative was shifting against them. The scenario captures not just a price move, but a test of conviction and discipline under sustained pressure.
The closing price fell from 13.51 to 11.18, a decline of -17.2%. Yet that aggregate figure conceals a harsher reality: a maximum drawdown of 32.8% tested anyone holding through the period, and the largest single-bar move of 6.7% in a single session could have wiped out weeks of careful position sizing. The math is unforgiving—surviving a 32.8% drawdown requires more than twice the subsequent gain just to break even, a reminder that preserving capital in crashes is its own form of alpha.
This replay teaches three enduring lessons. First, process matters more than prediction: with eleven structured decision points, participants practice reacting to unfolding price action rather than clinging to forecasts. Second, risk management is survival—the 32.8% drawdown is a stark reminder that position sizing and stop discipline determine longevity. Third, psychology is the final frontier; a crash replay strips away the comfort of an uptrend and forces honest evaluation of how one behaves when the market is working against every position. Completing this scenario does not make one a trader, but it builds the foundation for disciplined decision-making when conditions turn hostile.