Crisis · Bovespa Index (2015)
A 24.0% drawdown scarred Brazil's Bovespa across 144 trading days of political crisis. Replay each session in the FinFable market-replay simulator, face 9 critical decision points, and receive an AI coach review of your choices. Simulated capital, educational use only.
144 daily bars · 25 decision points · 2015-08 to 2016-03 · Stocks
Key facts
This window spans 214 days with a peak-to-trough drawdown of 24.0% and a 32.4% run-up.
- Max drawdown
- −24.0%
- Max run-up
- +32.4%
- Duration
- 214 days
- Largest single-day move
- +5.1%
- 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 late winter of 2015, Brazil's Bovespa index entered one of its most turbulent chapters. From August 10, 2015 to March 11, 2016, a political crisis culminated in an impeachment process that rattled every corner of Latin America's largest economy. Investors faced a market where policy uncertainty, fiscal concerns, and commodity volatility intertwined, making directional bets extraordinarily hazardous. The stage was set for a deep stress test of both portfolio discipline and emotional composure.
Over 144 daily trading sessions, the index closed at 49,353 on the first day and 49,639 on the last, a net gain of only 0.6%. That deceptively calm headline figure concealed a wild internal journey: a maximum drawdown of 24.0% carved into equity value, while the largest single session saw a 5.1% swing. At nine critical decision points scattered across the period, participants were forced to choose between holding, reducing exposure, or doubling down in the face of rapidly shifting political headlines.
This replay session strips away hindsight and asks traders to navigate uncertainty in real time. The 24.0% drawdown warns that even diversified equity positions can bleed severely during political crises, underscoring the need for size management and pre-defined exit levels. The 5.1% intraday spikes reveal how fear and headline risk can produce sudden liquidity vacuums, testing stop-discipline and emotional resilience. Finally, the nine pivotal moments reveal how cognitive biases—recency, loss aversion, and overconfidence—can distort judgment under pressure. Studying this period trains the decision-making process, risk calibration, and psychological awareness that no chart can teach in isolation.