Merval Downtrend Replay (2001-07-23 to 2001-08-06)
Replay a 30-bar Argentine Merval correction from 2001-07-06 to 2001-08-17, where prices fell 14.9% into an 18.4% drawdown. Step through each trading day, confront 7 decision points, and receive an AI coach review on your simulated capital choices.
30 daily bars · 7 decision points · 2001-07 to 2001-08 · Stocks
Key facts
This window spans 42 days with a peak-to-trough drawdown of 18.4% and a 10.9% run-up.
- Max drawdown
- −18.4%
- Max run-up
- +10.9%
- Duration
- 42 days
- Largest single-day move
- −8.0%
- Bars
- 30 Daily bars
- Decision points
- 7
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 mid-2001, Argentina faced mounting economic strain as the peso's currency peg eroded confidence and capital fled the domestic financial system. The Merval index, tracking the Buenos Aires Stock Exchange, entered a pronounced correction phase spanning 30 trading days from July 6 to August 17. This period represents a critical stress test for market participants navigating one of the most turbulent chapters in Argentine financial history.
The index declined from 370 to 315, recording a -14.9% drop over the data window. The maximum drawdown reached 18.4%, with individual sessions seeing moves as large as 8.0%, underscoring the violent intraday swings that characterize capitulation phases. Participants faced 7 distinct decision points across the replay, including 3 critical junctures where directional conviction and risk management discipline were severely challenged.
This replay trains traders to confront loss aversion and the temptation to average down in a falling market. The 2000s Argentine crisis illustrates how systemic risk can overwhelm fundamentals, forcing difficult choices between preservation of capital and exposure to potential recovery. By replaying each day and justifying simulated capital allocation, learners develop calibrated responses to volatility, discipline in position sizing, and psychological resilience under sustained drawdown conditions.