Pandemic · Straits Times Index (2003)
Replay 144 daily bars from December 2002 through July 2003 as the Straits Times Index absorbed pandemic volatility, falling into a 13.4% drawdown before closing at 1516.09. Step through 25 decision points, weigh policy responses, and receive an AI coach review in this simulated educational replay.
144 daily bars · 25 decision points · 2002-12 to 2003-07 · Stocks
Key facts
This window spans 210 days with a peak-to-trough drawdown of 13.4% and a 25.3% run-up.
- Max drawdown
- −13.4%
- Max run-up
- +25.3%
- Duration
- 210 days
- Largest single-day move
- −3.8%
- 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
The Straits Times Index entered late 2002 as an economy deeply integrated into global trade faced an unfamiliar kind of shock. SARS emerged as a health crisis with direct economic consequences, creating uncertainty across Asian markets. Singapore, a regional financial hub with high exposure to regional travel and commerce, braced for potential disruption. The 144 trading days from December 2002 through July 2003 would test how markets absorb pandemic-related uncertainty and policy responses.
The index opened at 1347.92 and ultimately closed at 1516.09, delivering a net gain of 12.5% despite the turbulence in between. The maximum drawdown reached 13.4%, illustrating the sharp interim losses investors endured. The largest single-bar move measured 3.8%, reflecting the volatile daily swings characteristic of crisis periods. Participants navigated 25 decision points, with 9 deemed critical, requiring them to process evolving news, government measures, and market sentiment in real time.
This replay teaches that crisis periods demand both analytical discipline and psychological resilience. The 13.4% drawdown reminds us that even correct directional calls can test conviction before profits materialize. Effective decision training emphasizes process over prediction: separating information assessment from emotional reaction, sizing positions to survive interim drawdowns, and recognizing when uncertainty itself becomes the primary market driver. The gap between the deepest loss and the final outcome underscores that volatility and loss are not the same as permanent capital destruction.