I hold about a 3-5 ft loop in the line. I use flyreels mostly, but do the same thing with ultra light reels. Holding the line in front of the reel, I hold tight when I set the hook and then as I raise my pole up to get the fish to the boat, I let the line ease out. I can keep tension on it by squeezing more and let it out by lightening my grip. By the time I get the fish to the boat, it's within reach by the boat. I've tried the drag setting, but had set it too loose and lost a good fish. I guess I'm too old timey for these new fangled gagets .