Regulation · Straits Times Index (2013)
From 3261.77 to 3039.45, the STI endured a 13.0% drawdown across 144 trading days as TDSR reshaped Singapore's property outlook. Replay each session step by step, face 25 decision points with nine critical ones, and receive an AI coach review of your simulated choices.
144 daily bars · 25 decision points · 2013-02 to 2013-09 · Stocks
Key facts
This window spans 210 days with a peak-to-trough drawdown of 13.0% and a 6.6% run-up.
- Max drawdown
- −13.0%
- Max run-up
- +6.6%
- Duration
- 210 days
- Largest single-day move
- −2.5%
- 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 early 2013, Singapore's flagship equity benchmark, the Straits Times Index, stood at 3261.77 as policymakers unveiled the Total Debt Servicing Ratio framework—a watershed regulatory measure designed to cool property market exuberance. The announcement signaled a new era of credit discipline that would ripple through the Lion City's financial ecosystem. Against this backdrop, investors and traders faced an uncertain landscape where traditional assumptions about market behavior faced a fundamental stress test.
Over the subsequent 144 trading days through early September, the STI descended to 3039.45, a decline of -6.8%. The journey proved steeper than the headline figure suggests, as the index endured a maximum drawdown of 13.0%. Volatility manifested in sharp single-session moves reaching 2.5%, creating moments of acute uncertainty. Participants encountered 25 discrete decision points, nine of which rose to critical importance—moments where positioning, conviction, and risk tolerance were forced into sharper focus.
This episode offers a rich training ground for decision-makers. The TDSR episode demonstrates that policy shifts arrive without warning and reshape sector dynamics in unexpected ways. Navigating such terrain requires disciplined processes—predefined entry and exit criteria—rather than reactive impulses. Psychologically, sustaining conviction through a 13.0% drawdown while confronting headline risk demands robust emotional regulation. Simulated replay of these sessions sharpens the ability to distinguish between noise and signal, building the resilience necessary when real capital sits in the balance.
Featured in the archive