Policy · CAC 40 Index (2012)
French sovereign downgrade day on the CAC 40—12.4% close rebound after a 16.2% drawdown defined a stormy policy-risk stretch. Replay it bar by bar, face 25 decision points (9 critical), and receive an AI coach review in a simulated, educational environment.
144 daily bars · 25 decision points · 2011-09 to 2012-04 · Stocks
Key facts
This window spans 203 days with a peak-to-trough drawdown of 16.2% and a 29.2% run-up.
- Max drawdown
- −16.2%
- Max run-up
- +29.2%
- Duration
- 203 days
- Largest single-day move
- +6.3%
- 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
The CAC 40 Index scenario spans September 2011 to April 2012, capturing one of the most turbulent periods for European equity markets during the sovereign debt crisis. French sovereign credit faced intense scrutiny as policy risk dominated market sentiment, with the eventual formal downgrade representing a watershed moment for regional investors and institutions alike.
Over 144 trading days the index clawed back from 2949.14 to 3313.47, delivering a 12.4% total return. Yet the journey was anything but linear—a maximum drawdown of 16.2% tested even the most seasoned participants, while the largest single-bar move of 6.3% underscored sudden sentiment shifts. Within this recovery narrative traders confronted 25 decision points, of which 9 were deemed critical junctures demanding clear strategic choices.
This replay teaches that policy-driven volatility demands both process discipline and psychological flexibility. Participants learn to manage risk under extreme uncertainty, avoid reactive decisions during sharp drawdowns, and maintain conviction through sustained pressure. The scenario emphasizes that volatility itself is a teacher—each sharp move and drawdown offers a lesson in reading market structure, calibrating position sizing, and staying emotionally balanced when certainty evaporates.