War · S&P/TSX Composite Index (1990)
The 1990 Gulf War shock pushed the S&P/TSX Composite from 3369.5 down to 3144.7 over 150 trading days, a 17.3% drawdown. Replay each session, navigate 26 decision points, and receive AI coach feedback in this simulated training environment.
150 daily bars · 26 decision points · 1990-04 to 1990-11 · Stocks
Key facts
This window spans 216 days with a peak-to-trough drawdown of 17.3% and a 9.1% run-up.
- Max drawdown
- −17.3%
- Max run-up
- +9.1%
- Duration
- 216 days
- Largest single-day move
- −2.1%
- Bars
- 150 Daily bars
- Decision points
- 26
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 the spring of 1990, the S&P/TSX Composite Index hovered near 3369.5 as geopolitical tensions in the Middle East escalated toward what would become the Gulf War. Oil markets trembled at the prospect of supply disruptions, while investors weighed the broader economic implications of a major conflict. This scenario places you at the helm of decisions during 150 trading days stretching from late April through November, where 26 decision points—including 9 critical junctures—demanded disciplined judgment under mounting uncertainty.
The index ultimately descended to 3144.7, delivering a -6.7% decline over the full period. Yet the headline figure masks the deeper turbulence: a maximum drawdown of 17.3% tested portfolios severely, while the largest single trading day moved 2.1%. The extended 150-bar journey reveals how sustained geopolitical anxiety can erode confidence gradually, making it difficult to distinguish temporary noise from genuine structural shifts in value.
For decision training, this replay hones the skill of maintaining process discipline through prolonged drawdowns. Geopolitical shocks create volatility spikes that challenge emotional regulation and tempt abandonment of sound risk management. Participants learn to recognize that outcomes depend not on predicting war or peace, but on navigating uncertainty with consistent frameworks. The lesson crystallizes: preserving capital through the 17.3% trough without abandoning a tested process defines performance in this scenario.
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