Collapse · NASDAQ Composite Index (2008)
Replay the 2008 NASDAQ collapse from May through November, watching the index fall 40.6% across 144 trading days. Make your own calls at 25 decision points as simulated capital tracks this historic volatility, then get an AI coach review of each decision.
144 daily bars · 25 decision points · 2008-05 to 2008-11 · Stocks
Key facts
This window spans 206 days with a peak-to-trough drawdown of 48.4% and a 18.2% run-up.
- Max drawdown
- −48.4%
- Max run-up
- +18.2%
- Duration
- 206 days
- Largest single-day move
- +11.8%
- 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 spring of 2008, the NASDAQ Composite Index stood at elevated levels, reflecting the confidence of investors who had weathered the first waves of the subprime crisis. Yet beneath the surface, the financial system was deteriorating rapidly. Between May and November, as Lehman Brothers collapsed and credit markets seized, the index would undergo a transformation that rewrote market history and tested the convictions of every participant.
The numbers tell a stark story. Across 144 trading days from May 2 to November 24, the NASDAQ fell from 2476.99 to 1472.02, a decline of 40.6%. The maximum drawdown reached 48.4%, and on the most volatile session, the index moved a staggering 11.8% in a single day. At 25 decision points—9 of them critical—traders and investors were forced to choose direction amid cascading uncertainty.
This replay offers more than historical comparison; it is a laboratory for decision-making under extreme pressure. Participants must confront cognitive biases that intensify during drawdowns, practice disciplined risk management when positions move against them, and refine their process for acting decisively when opportunity emerges from chaos. The era's lessons on leverage, liquidity, and emotional resilience remain essential for anyone seeking to sharpen their market judgment.
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