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Hello everybody Im just a level 39 mercenary and going for knight, as far as I learned and readed on many forums the best stats for a knight is 15DEX, STR 50-60 and the rest in STAMINA. Of course It is hard to kill monster when you only have 15DEX so you can make it 25-30 if you want. The reason for 15 dex only is that when you become a knight you will not need dex because knight only use AOE skill spamming.
The best weapon to use when you are a mercenary is your personal preference, both axes and swords have their pros and cons. Axe: has higher damage and plus the skill smite axe you will get additional defense. Swords: lower damage but quicker attack and with the skill blazing sword, make you hit more accurately.
For me I use swords because I hit with better accuracy using sword because of the skill blazing sword. Some people says that axe hit more accurately than sword without any skill using, but of course skills are there to be used, so with the help of blazing sword, sword really hit much accurately than axe now.
Do not forget that when you pick to use swords, you must still level your axe skills because when you become a knight in the future you will still use axe as your main weapon so still level up your axe skills.
Basically in items +2plug earring is really a good help because it gives you +60DEF you can get this in quest for lvls43 and above. A good tip also is to make another character to have 2 +2plug earrings, which will give you a +120 on defense!!!!!!
Also the kngiht build mercenary is the most hard thing to lvl up because of the low dex but if you are rich enough a few skill spamming will do good. Like using keenwheels and splmashes. You can also join a party with assist that have skills like accuracy and cannonball, it really helps you to hit more.
Finally after all the hard work of leveling up when you become a knight its not that hard anymore because you can kill 5-10 monster simultaneously at once with your AOE skills
"This guide is made considering that you will not use any premium items like restat scrolls"
I hope you learned a lot from this guide and pls. post your comments and suggestions.