Starting a luckless in Demethos

Is it recommended?
I know a few things
-less money spent on armor/weapons
-more money spent on HP pots
-no nocturnal until lvl 50
-no Elemental wands...for a long time past lvl 70
-no Maple shine wand/Maple wisdom staff till MTS comes out?

Is a demethos luckless still a good idea? I want to make an IL or cleric to fund my later characters as well as be able to keep up with the ppl2pass contest.

Yeah I think that if you wanted to keep up with the ppl2pass contest it's more about time spent training than what kind of equipment you have