Hey Crayola...
My best advice is to get yourself some flux brushes from the hardware store...You know what they look like? Little stiff brushes found in the plumbing department and used to work flux while soldering pipe...
Anywho, pick up some of those and some thin builders epoxy, the kind used to seal concrete and fix wood rot...
Make yourself a stand to hold your knives upright, I use a cardboard box full of foam peanuts with a weight inside...Use your knife to make some holes in the top...
Do your flat wrap and make sure it's tight...The choice of cord is up to you...I hold the knife with a paper towel wrapped tight around it to keep it clean...Tape the edge to protect it and yourself...
Needless to say this all works better at 70 degrees than 50...Move into the house if it's too cold in the shop...
Mix up some of the epoxy in a little paper cup...Use the flux brush to work it into the cordwrap...After brushing it a little, most of the epoxy will work into the cord and the surface will look a little dry, wet but not thick with epoxy...Give it a minute...Do a neat job and you won't have to do any clean up of epoxy on your blade...
I start at the front and try to not make a mess...Working the middle is a little faster, just work it in going back and forth with the wrap...When I get to the lanyard end or terminus, I add a little extra dab of epoxy right where the cord ends to lock it in...IMO, this is better than "dipping" the blade and uses much less of the expencive epoxy...
When you are done, put the blade into your stand and place in a dry, dust free area...After a few hours, you can use some actone to clean up any stray epoxy...Don't use too much epoxy in the first place or it will run down onto the blade...Check it several times the first day but be careful to keep your fingers off of the wrap...
I'd give it several days to dry hard...This is an important tip if you want to make Concealex or Kydex sheaths for the knife...Otherwise the sheath will rub the still soft cord and make it look worn before it's time...
The advantage to this style is that the texture of the cord is retained and not "glossed over" with the epoxy...By working it in with the brush you will seal the steel underneath the wrap as well...
Also this wrap can be taken off with a little bit of work...Cut into the cords at some point with a small sharp diagonal cutter, and simply unwind the cord, clean the blade with acetone and start over...
There, now you have the secret of the Running Dog cordwrap...Use this knowledge wisely, Grasshopper...
Running Dog