Crisis · Bovespa Index (2013)
A 2013 Brazilian political crisis erased 11.4% from the Bovespa Index between February and September. Replay each trading day, navigate 25 decision points, and receive an AI coach review in this simulated capital-only training environment.
144 daily bars · 25 decision points · 2013-02 to 2013-09 · Stocks
Key facts
This window spans 209 days with a peak-to-trough drawdown of 23.5% and a 15.9% run-up.
- Max drawdown
- −23.5%
- Max run-up
- +15.9%
- Duration
- 209 days
- Largest single-day move
- −4.2%
- 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 early 2013, Brazil faced a mounting political crisis that reshaped investor sentiment across Latin America's largest equity market. The Bovespa Index, tracking the São Paulo Stock Exchange, entered a seven-month period of intense uncertainty from February 7 to September 4, 2013, with 144 trading days defining a critical test of risk management and market resilience. Participants in this replay scenario face the challenge of navigating policy-driven volatility while preserving capital in an environment where traditional assumptions were being challenged daily.
The market's trajectory proved decidedly negative, with the Bovespa declining from 58372 to 51716, a total retreat of -11.4%. The period extracted an even heavier toll in drawdown terms, with a maximum drawdown of 23.5% testing the resolve of anyone holding positions through the turbulence. Occasional single-day moves of 4.2% underscored the emotional whiplash that characterized this environment, where news cycles could swing prices dramatically between sessions.
This replay confronts trainees with 25 decision points, 9 of which are critical junctions where positioning choices carry heightened consequence. The core training value lies not in predicting outcomes but in refining the process: maintaining disciplined risk parameters when drawdowns mount, resisting the impulse to liquidate at lows, and recognizing when market narratives rather than fundamentals are driving price action. Navigating the Bovespa's 2013 crisis ultimately tests the difference between a system and a strategy—the former survives volatility; the latter often does not.
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