Some will disagree. The quality of the steel will make a difference. The first heat (bloody hot for my choices ) will make large difference. Drawing square ( rotating 45º back and forth ) taper rather fast and gaining heat on the tip (this on the far side and distal end off the edge) will be the best way for me. Perhaps leave the end not really sharp before going back to the start of the taper to start rounding. JNewman has my thoughts by hex first but honestly sometimes this process happens pretty fast and my head says " just keep it under control ". This means don't let it split and keep it smooth. Most days this works well. Some days you the coyote, some days the post. Drawing on the power hammer may be a bit different. Drawing round will make a spiral and this can be rotated either way to correct it.
Regardless, the start of the drawing to taper for me should be with a pinch past the far side and striking ON the far side. This creates a bit of a knob with a taper behind it. This knob can then be drawn in a couple of blows to create the initial point. Pointing 5/8 or 3/4 rod for tripod ends is accomplished in one heat this way. No need in that issue to round afterwords because all you are doing is sharpening the end. We all have different wants and needs. I find these things I have described tough to do in gas forge for the large part. Gas excels in other areas.