FTSE MIB Downtrend Replay (2004-06-28 to 2004-08-13)
Replay 70 daily bars of Italian equities from 2004-06-02 to 2004-09-07, when a 7.5% drawdown tested traders during a FTSE MIB correction. You walk through each session, face 11 decision points with 4 critical, and receive an AI coach review of your simulated calls.
70 daily bars · 11 decision points · 2004-06 to 2004-09 · Stocks
Key facts
This window spans 97 days with a peak-to-trough drawdown of 7.5% and a 5.6% run-up.
- Max drawdown
- −7.5%
- Max run-up
- +5.6%
- Duration
- 97 days
- Largest single-day move
- −1.7%
- Bars
- 70 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 summer of 2004, European equity markets were navigating a period of heightened uncertainty, and the FTSE MIB—Italy's principal stock market index—was not immune to the pressure. From early June through early September, the index traced out a correction that would test both institutional and retail participants alike. Seventy daily bars of authentic price data set the stage for a decision-training replay, where every session demanded careful evaluation of trend, momentum, and risk.
The numbers tell a story of contained but meaningful decline. The index moved from a close of 27329 to finish at 27627—a modest net gain of 1.1% over the full period. Yet that headline figure obscures the turbulence in between: a maximum drawdown of 7.5% tested portfolios during the correction, while the largest single trading day saw a move of 1.7%. These figures illustrate how a moderate overall outcome can coexist with significant intraperiod volatility, creating repeated decision points where traders had to judge whether weakness was a buying opportunity or a signal of deeper trouble. Across the 70-day span, 11 decision points emerged—four of them critical moments where positioning choices carried heightened consequence.
This replay teaches that process discipline matters more than outcome storytelling. A 7.5% drawdown feels threatening in real time but registers differently in hindsight when the index ultimately closed higher. The critical decision points train traders to distinguish between noise and signal, manage position size against maximum drawdown expectations, and maintain psychological equilibrium when single-day moves of 1.7% test resolve. Successful navigation of this correction required not predicting the bottom but executing a repeatable process under uncertainty—an evergreen principle for market participants.
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