Howdy
Allow me to suggest you shoot a whole lot more ammo through it before you start filing on the sight. I have a whole bunch of fixed sight single action revolvers, Colts, Rugers, and a few others. My first Vaquero I faithfully went to the range and filed the sight down in the time honored tradition of shooting a group, then filing a little, then shooting another group, etc., until the group was where I wanted it to be.
To tell you the truth, I never bothered to file down another front sight. I have just left them all be. I pretty much know where they hit, I just allow for it when I shoot.
By the way, rcmodel's technique sounds pretty good to me. I usually balance the gun in my lap with the muzzle resting on the wooden rail while I file the sight. Long slow strokes the length of the barrel, not across. Use two hands on the file, to steady it. Yes, it takes some practice. Even if you use rcmodel's technique, I suggest you wrap the muzzle and part of the barrel with tape, to protect it in case you slip.