IBEX 35 Downtrend Replay (2004-06-28 to 2004-08-13)
Replay a 7.4% IBEX 35 drawdown across 70 daily bars from June to September 2004. Step through each authentic session, face 11 decision points including 4 critical ones, and receive an AI coach review of your choices in this simulated training environment.
70 daily bars · 11 decision points · 2004-06 to 2004-09 · Stocks
Key facts
This window spans 98 days with a peak-to-trough drawdown of 7.4% and a 7.0% run-up.
- Max drawdown
- −7.4%
- Max run-up
- +7.0%
- Duration
- 98 days
- Largest single-day move
- −2.0%
- 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
The IBEX 35, Spain's benchmark stock index, entered a significant correction phase in the summer of 2004. The scenario spans the data window from June 2 to September 8, 2004, offering 70 daily bars of authentic market data. For traders and investors, this period represented a challenging test of risk management and decision-making under sustained downward pressure, with the index oscillating between support and resistance as sentiment shifted.
The index closed at 7908.7 at the start and 8096.4 by the end, a net gain of 2.4%. Yet this modest headline figure obscures a turbulent journey: the market endured a maximum drawdown of 7.4% and witnessed its largest single-bar move of 2.0%. Eleven decision points punctuated the replay, with four emerging as critical junctures where market direction hung in the balance. These authentic data points create a realistic training environment for navigating volatile periods.
This replay sharpens risk awareness by illustrating how a 7.4% drawdown can unfold in stages, testing position sizing and stop-loss discipline. The sequence of 11 decision points, four critical ones, replicates the cadence of real market corrections where urgency builds as losses accumulate. For trainees, the psychological dimension proves equally vital—maintaining composure when equity curves dip and following a defined process regardless of short-term noise. The 2000s decade context grounds this exercise in a specific historical market character, making the lessons tangible for today's decision training.
Featured in the archive