jfc f'n communication isn't a strong point in this thread
consider
trailer weighted superbly for 10-15% tongue weight
nobody here will argue that this is a badly weighted trailer
now, adjust height +/- with a drop hitch
the same weight trailer can point down in front with more drop, or down in back with less drop (possibly a rise hitch)
[REDACTED] above claimed that the trailer will wag around if the front is higher
but he clearly is only considering the height of the trailer tongue based on weight
but the other guy correctly understands that you can have the front up or down with the same weight arrangement on the trailer (he just may have done this before!)
so to ask again
does having the trailer ride flat, pitched up, or down, have any effect on handling?
My partial answer:
With 2+ axles the trailer needs to ride level all the time preferably, and definitely with the heavy load so that the axles have room for travel and the suspension can do its thing and you have as equal of wear on the axles as possible.
For one axle this isn't as big of a deal but the geometry still states that not-level is a liability for suspension travel as the movement should be up-down with respect to the suspension and if there's a tilt, the axle clamped to the springs will be forced to move at an angle (perpendicular to the trailer which is tilted but the suspension is configured for the trailer to my parallel to the road).
Since you're not likely to adjust the trailer tongue height when you load the trailer, you should have the hitch set up for your likely tow geometry so that the trailer is best set up (level) when loaded.