TA-35 Downtrend Replay (1996-05-28 to 1996-07-22)
Relive a turbulent 1996 stretch as the TA-35 fell 13.3% over 60 trading days, with a maximum drawdown of 20.7% testing even disciplined investors. In this FinFable replay you step through daily decisions, face 4 critical decision points, and receive an AI coach review of your simulated choices.
60 daily bars · 11 decision points · 1996-04 to 1996-08 · Stocks
Key facts
This window spans 108 days with a peak-to-trough drawdown of 20.7% and a 9.5% run-up.
- Max drawdown
- −20.7%
- Max run-up
- +9.5%
- Duration
- 108 days
- Largest single-day move
- −6.3%
- Bars
- 60 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 TA-35, Israel's primary equity benchmark, entered a turbulent phase from late April 1996. Over the following months, the index faced sustained downward pressure that would test even the most disciplined market participants. This period represented a stark reminder that falling markets spare no investor, and that preparation for adversity is as crucial as chasing gains. The stakes were clear: navigate the downturn or watch portfolio value erode.
By August 15, 1996, the TA-35 had declined 13.3% from its late April levels, with the maximum drawdown reaching 20.7% — a threshold that would have eliminated most speculative positions. The largest single-day move of 6.3% underscored the market's volatility, delivering sharp reversals that punished reactive trading. Across this 60-trading-day stretch, four critical decision points forced investors to choose between cutting losses, holding steady, or accumulating on weakness. Each choice carried compounding consequences.
This replay distills the episode into eleven actionable decision points, with four flagged as critical junctions. Participants must grapple with uncertainty while adhering to process — the essence of disciplined investing. The scenario trains risk calibration, emotional regulation under drawdown, and the humility to distinguish between a temporary dip and a structural breakdown. Studying 1990s market history in this interactive format builds pattern recognition without financial risk, turning past volatility into present-day wisdom.
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