I followed the guidelines for what to do and to bring, and umm, still got my tail handed to me in Mort Myre. Lost half of my stuff even with respawning in Canifis, running all the way back with energy pots. So I'm kinda like, coming back home with my tail between my legs, licking my wounds lol. I can get my stuff back no problem, it's more a sense of "omg I can't believe I just got offed by that thing" that's the issue. Think I'll take one of my friends back with me the next time, so if I die again, I don't lose all my junk, or at least have some sort of moral support lol.
But until I get brave enough to try it again, I'm just gonna like, do easier quests I know I'm gonna gonna get owned while doing. Ancients can wait a while lol.