RE: Stupid Question regarding arrow position.
Hi there, the odd colored feather or vane is correctly called the "cock feather". The purpose of this odd colored feather was to give the archer a quick visual on how the arrow knocked onto the bow string. See traditional archers must shoot with the cock feather out so it will not hit the riser of the bow and make it fly funny. As for todays compound bows, it completely depends on the rest you are shooting. If you are shooting a TM Hunter style rest, put the cock feather down so that it goes through the rest without hitting it and making your arrow fly funny. If you shoot a plunger rest, then it must face away from the riser. If you shoot a WB or a drop away rest, well then it really does not matter which way your feathers or vanes face. Good luck.