Energy Sel SPDR Uptrend Replay (2004-03-25 to 2004-04-27)
Replay an authentic XLE uptrend of 46 daily bars from March to May 2004, with the index drifting just 1.5% while enduring a 6.5% drawdown. Walk through nine decision points, tackle three critical ones, and receive an AI coach review of your choices in this simulated training environment.
46 daily bars · 9 decision points · 2004-03 to 2004-05 · Stocks
Key facts
This window spans 64 days with a peak-to-trough drawdown of 6.5% and a 10.0% run-up.
- Max drawdown
- −6.5%
- Max run-up
- +10.0%
- Duration
- 64 days
- Largest single-day move
- −2.9%
- Bars
- 46 Daily bars
- Decision points
- 9
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 Energy Select Sector SPDR (XLE) in early 2004 faced a challenging environment as oil markets fluctuated amid shifting geopolitical dynamics. This replay spans 46 daily bars from March 9 to May 12, 2004, placing traders directly into a 2000s-era energy sector scenario where the stakes involved managing exposure through genuine market uncertainty. Nine decision points await, including three critical moments that could fundamentally alter outcomes.
Starting from a close of 15.01, XLE ultimately finished at 14.79, representing a net decline of 1.5% over the period. Yet this modest headline figure conceals a turbulent journey beneath the surface. The index endured a maximum drawdown of 6.5% during the replay, with the largest single-bar move reaching 2.9%, creating moments of significant stress for anyone holding positions through these fluctuations.
This scenario serves as a powerful reminder that surviving a period often matters more than the final outcome. Navigating nine decision points, including three critical ones, forces participants to confront questions of position sizing, stop placement, and emotional discipline. The disparity between the mild net decline and the substantial drawdown underscores why process and psychology matter more than outcome in trading education.
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