I've always knit socks top down on double pointed needles with a heel flap, but I thought I would try something new.
Toe up with 2 at a time (definitely not the magic loop - no matter how many attempts I make, my brain just cannot set these up!), using 3 16 inch circular needles.
I was looking for a good heel and tried the short rows, which are ok, but then I ran across the Fleegle Heel design and I am definitely sold. If you are on ravely, just search for Fleegle Heel socks. And here is a link to a free pattern!
I love these as there is basically no keeping track of rows, no picking up stitches and no sewing up the toes with Kitchner stitch.
The math is easy. Just increase the toes to the stitch count you need to the start of the heel (top of the foot to where the ankle starts). Start increasing for the heel (one half of the stitches) one stitch on each side every other row until the heel stitch count equals the total number of sock stitches. Then turn the heel until the heel stitch count is back to one half the total sock stitches. Then knit up the leg.
My first pair of socks are knit with Deborah Norville premier yarn on size 0 needles. Total Stitch count to 72 and very pointy toes (needed for Mom)
The formula works so well, and by working them toe up, it is very easy to try them on as you go to ensure a perfect fit!