I’m not going to answer any questions about the simulator, because (1) it’s experimental, (2) it’s only a simulation, not an absolute certainty, and (3) you have very little review history for it to rely on (and what you do have sounds like it’s been a bit turbulent). Rather than try and troubleshoot the simulator, let’s look at your actual settings and see how to get to closer to what you expect.
This is the biggest indicator of the issue. Your workload is high because you’re only getting 64% of your answers right, and you asked FSRS to schedule your cards so you’ll get 90% right. That’s a big gap!
Anki will keep your cards scheduled on shorter intervals (which means higher workload) while its pushing you toward the goal you set.
Because your collection is still so new, and True Retention isn’t counting your outcomes on short interval Learn/Relearn cards – I think this is the other piece of the puzzle.
As language learners, it’s not unusual for us to use premade decks where we don’t necessarily know any of the words. But if we don’t do the work to learn those words before introducing them in Anki, then we need to do that work when they are introduced and we miss them the first time. If all you do with a New card is check the answer and grade it Again – you’re skipping that step.
When you get a new card wrong, you need to stop and learn it. For me, that means checking my dictionaries to make sure I understand the word, finding example sentences so I understand how it would be used, thinking of mnemonics to differentiate it from other similar words, etc. Steps like that will help improve the chance I’ll get it right the next time – and that’s a MUCH better use of my time than studying the card 10 more times today, trying to brute-force it into my memory. And it’s the same with lapsed Review cards – figure out why you got the card wrong, and solve it so you can get it right the next time.
I think you should turn your New cards down a lot (or to 0) until you get a handle on this. But it matters where that 352 is coming from. Is that your number of “reps” for the day (the number of times you did a front-back-grade-the-card “study” action), or the number of unique cards you studied for the day?
If you’re looking in Stats at Today or Calendar or Reviews, they are giving you reps. If you click on that square of your calendar, it will open the Browse window, and you can see how many unique cards you actually studied.
A couple more things that aren't necessarily your main issue, but bear mentioning ...
If you are capping your daily reviews at less than your actual number of due cards, you are postponing the rest of the cards. It’s essentially a hidden backlog of overdue cards. When you study them overdue, it means your memory has decayed further, and you’re less likely to get them right, which results in lower retention, and more time spent rehabilitating those cards.
It sounds like you changed it in the simulator, but if you are already hitting that daily limit in your actual decks, you are better off changing it to unlimited (9999), and addressing workload issues more directly.
For a beginning user who is sticking close to the default settings, it’s generally quite reliable. Just like Damien talked about in the other thread, I’ve seen outliers now and then. But after only a couple weeks of Anki, I think it’s too soon to assume you’ll be one of them.