Default · S&P/TSX Composite Index (1998)
Replay 144 days of the S&P/TSX Composite from April 27 to November 19, 1998, as it fell 14.9% amid a 31.3% drawdown. You step through each session, face 25 decision points, and receive an AI coach review in this simulated, educational replay.
144 daily bars · 25 decision points · 1998-04 to 1998-11 · Stocks
Key facts
This window spans 206 days with a peak-to-trough drawdown of 31.3% and a 20.7% run-up.
- Max drawdown
- −31.3%
- Max run-up
- +20.7%
- Duration
- 206 days
- Largest single-day move
- −6.0%
- 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 the spring of 1998, the S&P/TSX Composite Index entered a period that would test the resolve of Canadian equity investors. The market faced a complex backdrop as global financial conditions deteriorated, culminating in the Russian debt crisis that August. This 144-session replay spans April 27 to November 19, placing you inside a market environment where policy uncertainty and international contagion created persistent downward pressure. What was at stake was not merely portfolio value but the fundamental challenge of maintaining disciplined decision-making when systemic risks were reshaping the investment landscape.
The numbers tell a stark story. The index fell from 7564.8 to 6439.6, a decline of 14.9%. Yet that headline figure understates the turbulence: the maximum drawdown reached 31.3%, meaning peak-to-trough losses were more than double the final percentage decline. The largest single session moved 6.0%, illustrating the sharp intraday reversals that characterized this era. Navigating this terrain demanded adaptability across 25 decision points, with 9 critical junctures where positioning could mean the difference between weathering the storm or amplifying losses.
This replay teaches that surviving a crisis requires separating process from outcome. A 31.3% drawdown does not indicate failure if decisions remained sound within the information available. The critical skill is recognizing when volatility reflects temporary dislocations rather than fundamental deterioration. Participants learn to calibrate position sizing against maximum expected drawdowns, to resist reactive selling at market extremes, and to document reasoning at each decision point for later review. The goal is building a decision framework robust enough to perform under the psychological pressures that 144 days of relentless decline inevitably create.
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