Well if you sized the cases with a full length die without the expander ball then your neck inside diameter will be extra small and you will have to use more pressure to seat a bullet or cram the mandrel from the Lee Collet Neck Sizer into the case mouth. Shouldn't use a full length die and then a collet die. The collet die does not create runout but will not correct it either.
With the full length die without an expander all the neck variances are pushed to the inside of the case mouth and even though you have low runout after doing that, you may wind up with more runout after seating on the bullet.
But since you want advice on how to adjust the collet die I will give my 2 cents, this is the way I do it and it works for me
I adjust the lock nut all the way to the top of the threads
this will put your press lever at the most horizontal when sizing
The way the die is engineered is so that you try to put approximately 25 pounds of weight on the lever and having the lever at the highest position makes it easier for me. Don't put too much weight on the lever or you can pop the aluminum cap.
If you are worried about whether you are sizing or not since you can't feel the crunching you usually feel with a cam-over die, try to insert a bullet before and after sizing and you will see that the bullet won't go in a sized neck. Of course since you have already boogered up the process by sizing with a full length die without an expander ball first, that goes out the window.