Learned this from Howard Hill's nephew Stinson. Heat the ferr-L-tite and smear a little on the shaft taper. Holding the point with pliers, heat it until it smokes. I use a butane torch. That gets rid of any residual oil. Push the shaft into the hot point fimly, and rotate it while applying pressure to spread the glue. Then push the point into a hard surface, holding the shaft close to the point and bearing down hard to seat the point. If it's still hot enough to slip, blow on it. Immerse the end of the shaft in cold water to cool and contract the point onto the shaft. If you use the right amount of glue, there will be a rim of it around the edge of the point to peel off.
You will almost never lose one doing it this way.