I continental knit. Its okay for big stuff and for felting etc, but I have always had trouble with my tension when doing little stuff. My recent ventures on doing socks have not been pretty. I am a very very loose knitter and they just weren't turning out well at all. I almost always drop a few needle sizes anyway, but you can't get much smaller and a 0 or a 1. Well, anyway, I always wrapped my yarn around my pinkie finger of my left hand. I found that I tended to hold my pinkie out in space a bit, kinda like when you hold a tea cup, so I wan't keeping the yarn tight enough. I began wrapping my yarn around my ring finger and its a million times better. My current sock actually is tight and looks like a sock! If any of you other continental knitters have tension problems, give that a try!
Tip on Tension