OMX Helsinki Downtrend Replay (1991-07-31 to 1991-11-14)
Replay Finland's brutal 1991 slide as the OMX Helsinki index fell 26.6% across roughly five months. You make daily calls through 11 decision points, including 4 critical moments, and receive an AI coach review of every simulated trade.
150 daily bars · 11 decision points · 1991-06 to 1992-01 · Stocks
Key facts
This window spans 207 days with a peak-to-trough drawdown of 28.2% and a 8.0% run-up.
- Max drawdown
- −28.2%
- Max run-up
- +8.0%
- Duration
- 207 days
- Largest single-day move
- +6.2%
- Bars
- 150 Daily bars
- Decision points
- 11
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 summer of 1991 found Finland in the grip of a deepening economic crisis. The OMX Helsinki index, the principal gauge of Finnish equity value, was navigating treacherous waters as the country dealt with the collapse of its real estate bubble, an overheated banking sector, and the sudden loss of Soviet trade following Moscow's own unraveling. Investors faced a market where fundamentals were deteriorating rapidly and direction was deeply uncertain, making every trading decision feel consequential against a backdrop of national economic distress.
The numbers tell a brutal story. From a closing level of 1066.4 in June 1991, the index descended to 782.3 by early 1992, representing a total decline of 26.6% across roughly 150 trading days. The maximum drawdown reached 28.2%, meaning at its worst point a position would have been underwater by more than a quarter. Daily volatility was pronounced, with the largest single session delivering a 6.2% move. This was not a smooth correction but a grinding, volatile descent that tested any investor's conviction and risk tolerance.
This replay offers a masterclass in the psychology of falling markets. Participants must navigate 11 decision points, including 4 critical moments where positioning decisions carried heightened consequence. The scenario forces engagement with core questions: When does a declining market present opportunity, and when does it signal systemic risk requiring preservation of capital? How does one maintain disciplined process when every rally is potentially a dead cat bounce? The Finnish collapse of 1991 stands as a stark reminder that markets can remain irrational and unforgiving far longer than comfort allows, and that survival often depends on clear-eyed risk management rather than hope.