War · Bovespa Index (2008)
From April to November 2008, the Bovespa Index fell 39.8% across 144 trading days as war-driven volatility shook Brazilian equities. Replay the session-by-session descent, face 25 decision points, and receive an AI coach review in this simulated, educational market-replay scenario.
144 daily bars · 25 decision points · 2008-04 to 2008-11 · Stocks
Key facts
This window spans 207 days with a peak-to-trough drawdown of 60.0% and a 29.9% run-up.
- Max drawdown
- −60.0%
- Max run-up
- +29.9%
- Duration
- 207 days
- Largest single-day move
- +14.7%
- Bars
- 144 Daily bars
- Decision points
- 25
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 spring of 2008, the Bovespa Index stood as Latin America's flagship equity benchmark, tracking Brazil's commodity-driven economy. From April 10 to November 3, geopolitical tensions between Russia and Georgia rippled across emerging markets, transforming a regional conflict into a global risk-off event. The scenario replays 144 daily trading bars across this period, placing participants directly into the escalating uncertainty that defined those months.
The numbers tell a stark story. The index collapsed from 63527 to 38249, a decline of -39.8% over the data span. Maximum drawdown reached 60.0%, while the largest single trading day saw a 14.7% swing. This combination of sustained erosion punctuated by violent daily spikes created a uniquely demanding environment for position management. Participants faced 25 decision points, with 9 classified as critical junctures where directional conviction and risk calibration were tested most severely.
For decision training, this replay emphasizes process over prediction. Traders must navigate cascading losses while maintaining disciplined position sizing and avoiding reactive exits at the worst moments. The 14.7% single-bar moves illustrate how geopolitical headlines can create intraday traps that punish impulsive decisions. Across 9 critical nodes, the scenario reveals how disciplined risk management distinguishes durable strategies from those that survive only in calm markets.
Featured in the archive