Regulation · Bovespa Index (2014)
Brazil's Bovespa Index absorbed a 14.8% drawdown across 144 trading days ending June 2014. Replay each session step by step, face 25 decision points, and receive an AI coach review of your historical choices in a simulated environment.
144 daily bars · 25 decision points · 2013-11 to 2014-06 · Stocks
Key facts
This window spans 216 days with a peak-to-trough drawdown of 14.8% and a 22.8% run-up.
- Max drawdown
- −14.8%
- Max run-up
- +22.8%
- Duration
- 216 days
- Largest single-day move
- +3.5%
- 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
Brazil's Bovespa Index entered a turbulent phase in late 2013. As Latin America's largest equity exchange, the market confronted escalating regulatory scrutiny and policy shifts that tested investor resolve across the region. Between November 2013 and June 2014, navigating this landscape demanded constant recalibration of positions and risk exposure amid an atmosphere of profound uncertainty about the regulatory trajectory.
Over 144 trading days, the index advanced from 52688 to 53426, delivering a modest 1.4% return. Beneath this thin veneer of gains lay substantial turbulence—a maximum drawdown of 14.8% pushed portfolio values to extremes, while the largest single-day move of 3.5% underscored the environment's volatility. Participants encountered 25 decision points, with 9 critical junctures where positioning could dramatically shape outcomes.
This replay illuminates the psychological dimension of investing under regulatory cloud. Enduring a 14.8% drawdown while maintaining rational positioning challenges the most disciplined traders. The scenario teaches that policy-driven uncertainty creates both risk and opportunity, rewarding those who separate signal from noise. For decision training, the value lies in confronting fear, managing position sizing under stress, and recognizing when uncertainty itself becomes the primary market driver.