To find the right equipment for current level can be valuable. If you gain 500xp for killing a monster in 1 hit its a xp/stam ration off 500 to 1, but if you use 4 hits killing the sam monster your xp/stam ration is down to 125 to 1. These calculators should help finding out how much attack an damage you need for this.
Disclaimer: Formulas is not officially approved by the Fallensword team. But own calculations using a spreadsheet and loads of data, shows that they are close. The Fallensword forum also has some formulas for calculation attack and damage, they are very close to these.
Calculate the "right" equipment for current level. Rubicksman has made this cool site, where you can enter your stats, skills and guild stats and then find out along with your equipment, what your final stats will be. (Almost?) all equipment found in Fallensword is available, and nice features including forging, integration to Fallensword auction house etc. The site requires login (just a username + password and email) Be aware not to use your Fallensword login, because this is an external site.