I can confirm it works, but you need to pay close attention to the first step in the guide
And for anyone wondering, you still lose untradeables ( firecape / torso )
They're some requirements which he failed to mention in the thread, just letting you guys know. The guide seems to work though.
Vouch to Pain Killer, we swapped his guide on how to keep your items upon death for my collection of money making guides. He went first.

