Default · Straits Times Index (2001)
The Straits Times Index swung 24.7% from peak to trough across 144 trading days after Argentina's 2001 default shock. Replay each session bar-by-bar, weigh 25 decision points with nine critical turns, and receive an AI coach review in this simulated historical training environment.
144 daily bars · 25 decision points · 2001-08 to 2002-03 · Stocks
Key facts
This window spans 207 days with a peak-to-trough drawdown of 24.7% and a 45.7% run-up.
- Max drawdown
- −24.7%
- Max run-up
- +45.7%
- Duration
- 207 days
- Largest single-day move
- −7.4%
- 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 Straits Times Index navigated one of its most turbulent periods in August 2001, as the ripple effects of Argentina's sovereign debt default sent shockwaves through Asian markets. Over 144 trading days spanning from August 13, 2001 to March 8, 2002, investors faced a landscape defined by uncertainty, contagion fears, and rapid sentiment shifts. The stakes were high: navigating extreme volatility while preserving capital and making sound decisions under pressure.
The index swung dramatically from 1626.14 to 1798.99, delivering a modest 10.6% gain—but this headline number masks a far more turbulent journey. The maximum drawdown reached 24.7%, meaning investors who bought at the peak and sold at the trough would have lost nearly a quarter of their capital. The largest single trading day saw a 7.4% move, underscoring how quickly conditions could shift. Across this period, traders encountered 25 distinct decision points, with nine deemed critical turning points that demanded clear strategic thinking.
This replay scenario hones three essential skills: disciplined risk management, emotional control during extended drawdowns, and the ability to distinguish between noise and signal in volatile markets. Participants must learn to size positions appropriately when drawdowns can reach 24.7%, maintain conviction through periods of sustained pressure, and recognize that surviving the largest single-bar moves—7.4% in either direction—is often more important than capturing every gain. The historical authenticity of the 144 daily bars provides a realistic training ground for developing these decision-making capabilities without risking actual capital.