Technology Sel SPDR Downtrend Replay (2004-04-05 to 2004-05-17)
Replay a 60-bar technology ETF correction spanning 2004-03-12 to 2004-06-07, capturing an 8.6% maximum drawdown. You navigate each daily decision point, face critical choices, and receive an AI coach review in a simulated, educational environment.
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 8.6% and a 8.6% run-up.
- Max drawdown
- −8.6%
- Max run-up
- +8.6%
- Duration
- 87 days
- Largest single-day move
- +3.2%
- 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
In early 2004 the technology sector was navigating the aftermath of the dot-com era, creating fertile ground for correction scenarios. This replay spans 60 daily bars from 2004-03-12 to 2004-06-07, placing participants in a sector ETF that faced genuine headwinds during this historically significant stretch. The stakes center on navigating volatility while maintaining disciplined decision-making in an environment where emotion often overrides process.
The price journey tells a nuanced story: the ETF closed the period at 10.2, up 1.2% from its opening at 10.08, yet this modest net gain masked meaningful turbulence. Maximum drawdown reached 8.6%, and the largest single-bar move hit 3.2%, indicating stretches of sharp intraday swings. Across the data span, traders encountered 11 decision points, 4 of which were critical junctures that demanded clear strategic responses. The ultimate outcome was positive, but only for those who managed the intermediate drawdown without abandoning their process.
This scenario isolates the psychological dimension of correction trading. The drawdown figures alone illustrate how quickly paper losses accumulate, while the distribution of decision points across the 60-bar window shows that opportunity and risk arrive irregularly. Training here focuses not on predicting the next bar but on building the habits and mental frameworks that allow traders to endure volatility, distinguish between noise and signal, and execute consistently when the environment offers no easy answers.
Featured in the archive