Technology Sel SPDR Downtrend Replay (2004-12-06 to 2005-04-15)
Replays a 150-day XLK technology ETF correction with a 14.9% peak drawdown across 11 decision points. Users step through each daily bar, weigh calls at four critical moments, and receive an AI coach review of simulated trades for educational reflection.
150 daily bars · 11 decision points · 2004-10 to 2005-05 · Stocks
Key facts
This window spans 216 days with a peak-to-trough drawdown of 14.9% and a 12.0% run-up.
- Max drawdown
- −14.9%
- Max run-up
- +12.0%
- Duration
- 216 days
- Largest single-day move
- −3.0%
- Bars
- 150 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 Technology Select Sector SPDR (XLK) entered a correction phase during late 2004 and early 2005, a period when technology stocks were navigating renewed volatility following the dot-com crash recovery. Investors faced the challenge of distinguishing between healthy pullbacks and deeper structural weakness while managing exposure to an embattled sector. This replay places participants in that uncertain environment, requiring them to make decisions as the market unfolded bar by bar.
The scenario spans 150 daily bars from October 22, 2004 to May 26, 2005. The ETF closed the period at 10.17 from an opening of 9.71, delivering a modest 4.7% return—but the path was turbulent. Participants endured a maximum drawdown of 14.9%, with the largest single-bar move reaching 3.0%, testing conviction and risk discipline throughout the correction.
With 11 decision points—4 deemed critical—this replay sharpens decision-making under uncertainty. Traders must calibrate position sizing against drawdown tolerance, resist emotional responses to volatility, and evaluate when to hold, reduce, or redeploy capital. The correction's modest net outcome despite significant intermediate losses illustrates how process and psychology matter more than outcome alone in developing durable trading skills.
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