ISEQ Downtrend Replay (1998-07-15 to 1998-09-07)
Replay the Irish ISEQ's brutal 1998 slide, where the index plunged -17.8% over 76 daily bars under a 28.0% drawdown. Step through each authentic trading day, make choices at 11 decision points, and receive an AI coach review of your simulated judgment.
76 daily bars · 11 decision points · 1998-06 to 1998-10 · Stocks
Key facts
This window spans 106 days with a peak-to-trough drawdown of 28.0% and a 10.8% run-up.
- Max drawdown
- −28.0%
- Max run-up
- +10.8%
- Duration
- 106 days
- Largest single-day move
- −4.9%
- Bars
- 76 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 1998, the Irish ISEQ index entered one of its most challenging stretches of the decade. Investors navigating this market faced a period defined by mounting uncertainty and eroding confidence. This replay covers 76 trading days from June 17 to October 1, 1998—a window when the Irish market would test the conviction and discipline of every participant who remained engaged.
The numbers tell a stark story. The index descended from 5003.2 to 4111.32, delivering a loss of -17.8% over the course of this decline. The maximum drawdown reached 28.0%, meaning peak-to-trough losses substantially exceeded the final closing loss. The largest single-day move hit 4.9%, underscoring that volatility was not concentrated in one dramatic session but woven throughout the 76 daily bars. This was not a single shock but a grinding slide that punished both reactive selling and passive holding.
Eleven decision points await, four of them critical junctures where positioning and risk management decisions carry amplified consequences. This scenario excels as a training ground for three essential skills: calibrating position size against a known historical maximum drawdown, recognizing when a declining market demands active adjustment versus patient endurance, and maintaining psychological equilibrium when each day brings fresh uncertainty. The 1998 ISEQ downturn offers no easy lessons, but it provides fertile ground for sharpening the judgment that every market participant must develop.
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