China National (Real Estate Climate Index, 1998+) Historical Replay: 2017-11 to 2020-05
Replay China's 2017-11 to 2020-05 national property index across 30 monthly bars, navigating a 4.5% drawdown and six decision points. Move day by day through the simulated bubble era, face two critical choices, and receive an AI coach review of your reasoning. Simulated capital only, purely educational.
30 monthly bars · 6 decision points · 2017-11 to 2020-05 · Property
Key facts
Peak-to-trough drawdown of 4.5% with a 2.1% run-up.
- Max drawdown
- −4.5%
- Max run-up
- +2.1%
- Largest single-month move
- −2.9%
- Bars
- 30 Monthly bars
- Decision points
- 6
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 scene opens in November 2017 as China's national property sentiment index sat elevated, carrying the residue of the 2015 leverage-driven bull market into an uncertain maturity phase. Trainees enter a thirty-month journey through the 2010s and into the early 2020s, where policy tightening and shifting market expectations create a environment where patience and process matter more than conviction alone. Six scheduled decision points await, with two emerging as critical crossroads where directional bets face their sternest tests.
The index closed the period at 99.46, down 2.2% from the 101.68 entry point. The journey proved more turbulent than the net result suggests: a maximum drawdown of 4.5% tested endurance, while the largest single monthly bar move of 2.9% demonstrated how short-term volatility can suddenly compress historical context into one dramatic candle. Those who focused solely on the modest net decline would miss the texture of stress and recovery embedded in between.
This replay teaches that surviving drawdowns is a skill distinct from picking direction. Navigating 4.5% of peak-to-trough loss requires disciplined position sizing and emotional regulation when the thesis feels strained. The six decision points provide repeated calibration practice, while the two critical moments reveal how conviction gets punished or rewarded in compressed timeframes. The slight negative outcome reminds trainees that historical accuracy matters more than dramatic profit narratives in developing robust decision frameworks.