Hi, I have not hovered as of yet, but this is my first season at flying and this is the approach that I am taking. Practice with tail slides. Then keep adding power to reduce the tail slide. As matlok stated, you have to learn your plane, as each is different, and try to anticipate what your plane will do as the airspeed bleeds off and you increase the RPM. Set up is also very important, cg, control surface size and throws. As your plane is hanging there, any tail movements are made with nothing more than your prop wash. Takes some trial and error to see what your plane does. The G2 sim is very helpful! There you will find how different planes hover differently based on the type of plane and the setup of that plane. My 2 cents.

Richard