Unfortunately, many of the guides you read are probably outdated

LS changes a lot very quickly
Basic rundown would go like this:
Choose a weapon type and stick with it. I would recommend swords because they can be used on the first 3 classes, but are more expensive than clubs or axes. Aim for 40+ enhanced effect on your tier III weapon but don't spend more than 1 fg on it.
As for armor, go for either medium or heavy armor (anything but robes!) with either enhanced effect (for more defense) or str/dex (for more damage, depends on your weapon type though. Strength for swords and clubs, dex for daggers and staffs. But barb can't use daggers and staffs so strength would be the better choice here). If you choose ee, try to get about the same ee as your weapon on a tier III but also don't spend more than 1 fg for your level 0 gear. If you choose strength aim for 12+ on your tier III (15 is max)
At low levels on charms I think it's most effective to get 200+ max life until level 5 or 10. After that go for strength because it will increase your damage.
Try to buy new gear every 5-10 levels. A good way to do it is to get levels 0/5/10/15/20/25/35/45/55 if you can afford it

aim for gear that is a higher tier with similar or slightly higher stats. Unfortunately this game gets really expensive for decent high level items so be prepared to either spend a lot or do crap damage for a while

I could write for pages and pages on this, but that's pretty much the basic info right there. If you have any questions at all, however stupid they might sound, feel free to PM me and I'll be happy to help

Good luck and happy slashing!
-Nev
/e: oh yeah one last thing, personally I would recommend joining a slashing guild because they will help you a lot with advice and runs and all that fun stuff. My guild is always looking for new slashers to help out so if you're interested I'd recommend checking us out
This post was edited by NevV on Jun 29 2011 02:37pm