Canada National (BIS) Historical Replay: 1991-07 to 1998-10
Replay 30 monthly bars of Canadian national property from 1991-07 to 1998-10, a choppy stretch that still ended only 6.2% higher despite a 6.4% drawdown. Step through every decision point, face 2 critical calls, and receive an AI coach review of your simulated choices.
30 monthly bars · 6 decision points · 1991-07 to 1998-10 · Property
Key facts
Peak-to-trough drawdown of 6.4% with a 10.8% run-up.
- Max drawdown
- −6.4%
- Max run-up
- +10.8%
- Largest single-month move
- +4.5%
- Bars
- 30 Monthly bars
- Decision points
- 6
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 scenario immerses participants in Canadian national property markets from July 1991 to October 1998, a 30-month stretch navigating the early 1990s economic recovery. The market delivered minimal progress—just 6.2% total return—while subjecting participants to a 6.4% maximum drawdown. Six decision points punctuate this choppy period, with two flagged as critical. The challenge is clear: extract value from a market that offered little on the surface, while managing risk through periods of volatility and uncertainty.
Over 30 monthly bars the close moved from 43.32 to 46.01, a gain of 6.2%. Yet this modest outcome was shaped by significant turbulence, including a 6.4% peak-to-trough decline and the largest single monthly swing reaching 4.5%. Participants experienced the frustration of a market that spent much of the period grinding sideways or lower before eventually edging higher. The gap between headline return and actual trading experience underscores why timing and risk management mattered profoundly here.
This replay teaches that patient capital allocation underperforms without disciplined risk control. The 6.2% result required enduring a 6.4% drawdown—a ratio that tests emotional resilience. For decision training, the critical lessons concern maintaining process during flat or losing stretches, recognizing when volatility itself becomes the primary risk, and avoiding the psychological trap of anchoring on initial price levels. The two critical decision points likely demanded choices between protecting capital and staying invested, forcing participants to confront the fundamental tension between risk avoidance and opportunity capture that defines long-term investing success.