Achilles Desk · Player Guide

Turn-based investment simulation game with real market data.

An investor-behavior training instrument. Trade a masked slice of the past — one trading day at a time, solo or against 500 others. Find out what it was. Learn what you actually did.

1 turn = 1 trading dayReal data, in turn-based game style
1 to 500 playersSolo, duels, or full rooms
0 jargonNo finance knowledge needed

How it trains you

A value chain, not a game loop. Each tape is one controlled experiment in decision quality.

Input

Unlabeled historical market data — real assets, real regimes, ticker and dates masked.

Process

Constrained execution: ~6 order fills, fixed sizing, friction drag, Crux-Day stress tests.

Output

Risk-adjusted score vs. a passive benchmark, benchmark alpha, drawdown profile, captured rationale.

Outcome

Measured calibration: overtrading curbed, overconfidence checked, process documented.

The core loop

Nine steps, about seven minutes, then it starts again — against a new tape, a friend's ghost, or today's Daily Tape.

1

Enter by code or link

Room code, QR scan, or a friend's challenge link.

2

Play now, sign up later

Guests play instantly. An account is only needed to claim your result.

3

Read the masked tape

A real price chart. Ticker hidden: ████

4

Buy, Sell, or Wait

BuySellWait

1 turn = 1 trading day.

5

Size it: 25 / 50 / 100%

How much of your cash rides. Undo lasts 3 seconds.

6

Face the Crux Days

Crux Day

The days that mattered most. Size carefully.

7

Beat the Index Ghost

Your rival: buy once, hold, never trade. Doing nothing, as a competitor.

8

Reveal: ticker and dates

████ flips to NFLX · Jan–Mar 2022

9

60-second teardown

What happened. What the tape taught. What it didn't.

How you're scored

The Achilles Score: how much better you did than doing nothing — after costs, adjusted for risk.

luck band Crux Day day 1 day 14
You Doing nothing (Index Ghost) What random traders got
1 · Priya K.+6.1%
2 · Sam R.+5.4%
3 · Theo L.+4.0%
4 · You+5.9%
Return rank #2 · Efficiency rank #4. Attribution: −180 bps in turnover drag and continuous 100% net exposure through two high-volatility event windows. The score weighs return against risk and costs, versus doing nothing.

Tape skill ≠ investing skill.

The debrief

Every tape ends with a structured post-trade review — the learning loop that makes the experiment worth running.

01

Unmask

Ticker and dates revealed. The story behind the chart, in plain terms.

02

Attribute

What drove the result: skill, regime, or luck — with the luck band as the control.

03

Audit

Your thesis log, scored for calibration. Process documented, not just P&L.

The career ladder

Your rank is a title, not a number. Depth unlocks by playing — never by paying, never by a quiz.

InternStart here
Analyst5 tapes · Pro HUD
Associate10 tapes · Conviction Commit
Sr. Associate15 tapes · Attribution
VP20 tapes · Ethics scenarios
PM30 tapes · Decision Record

Step down anytime. It's free.

Sneak peek

Design preview — setting up a hosted event. Pick a scenario, set the clock, invite up to 500 players.

Design preview of the Achilles Desk host setup flow: step 2 of 7, Scenario — choosing between Mystery Market, Crash and Rally, Rate Shock, and Carry Unwind, with window length, clock, and backstop timer controls
Host setup · Step 2 of 7 — Scenario. Mystery Market (masked real windows), named Crucibles like Crash and Rally · 2020, host-paced or timed turns. Design preview; final UI may differ.

Value Capture vs. Value Creation

The lens from Competing in the Age of AI (Iansiti & Lakhani) — and the closing frame of every Read Achilles newsletter.

Markets create value. Traders capture it — or leak it to costs, churn, and mistiming. Every tape measures your capture against the Ghost, who captures for free by doing nothing. Your edge was never predicting creation. It was capturing efficiently.

Ways to play

Daily Tape

One tape a day, same for everyone. Streaks.

Ghost Duels

Race a recorded player on the same tape.

Desks

Clubs with weekly fixtures. Intramural league.

Challenge links

Send a friend your tape. Side-by-side.

Hosted Events

Classrooms. Graded on thinking, never luck.

Start your Plain Tape

3 decisions. 3 buttons. No finance needed.

Get notified at launch

Simulated money. Real history. 16+ for accounts.
Read the full player manual →