I tend to be a pretty cautious sailor, not wanting to find out exactly how far over the boat can heel go being fully knocked down. I read somewhere, when sailing close-hauled in a heavy breeze, put the traveler all the way to windward to help spill wind and therefore reduce heeling. Also brings the boom closer to center which is more efficient for pointing.
Somewhere else I read the opposite-- to reduce heel, move the traveler all the way to leeward.... Probably, this is not the same as being efficient for pointing but will reduce heel which, if not racing, is my primary objective.
Discussion? Experience?