Policy · S&P/TSX Composite Index (2008)
The S&P/TSX Composite plunged 43.4% from May to December 2008 as policymakers wrestled with rescue plans. Replay this 144-day grind day by day, face 25 decision points, and get an AI coach review—all simulated capital for education.
144 daily bars · 25 decision points · 2008-05 to 2008-12 · Stocks
Key facts
This window spans 208 days with a peak-to-trough drawdown of 48.8% and a 20.0% run-up.
- Max drawdown
- −48.8%
- Max run-up
- +20.0%
- Duration
- 208 days
- Largest single-day move
- +9.8%
- 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 S&P/TSX Composite entered May 2008 as a market shaped by years of relative stability in the 2000s, but by mid-year the tremors of the global financial crisis had begun to shake confidence worldwide. Policymakers in major economies were locked in contentious debates over rescue plans, while investors struggled to gauge which interventions would stabilize markets and which would fail. This replay places you in the grind of 144 daily decisions from May 15 to December 9, 2008, when the stakes could not have been higher.
The numbers tell a brutal story. Over those 144 trading days the index collapsed from 14828.1 to 8397.6, a loss of 43.4%. The maximum drawdown reached 48.8%, meaning portfolios could have been halved before any recovery attempt. A single session could swing as much as 9.8%, creating conditions where calm analysis competed with raw panic. With 25 decision points, including 9 marked as critical, the replay forces you to confront not just the direction of markets but the timing of every commitment.
The experience teaches that process matters more than prediction. In a crisis where headlines shift daily and policy announcements move markets by double-digit percentages, disciplined risk management becomes the only reliable edge. Participants learn to recognize when volatility is informational and when it is purely psychological, and they practice maintaining composure when a 9.8% single-day move tests every instinct to flee. This is decision training: surviving the grind, not timing the bottom.
Featured in the archive