If in doubt, just copy someones setup at your local club who is better than you, failing that, copy the setup of an international archer (pictures from the net or magazine).
This might sound flippant but in truth almost everyone does this.
Or, look at pp43 of The Heretic Archer (Chapter 3.2 - How to stabilize your Olympic Bow) and see
"... Yes, there is one and only one way to properly stabilize the olympic bow, and all other methods have limits or are simply totally wrong."
There is no absolute right (or wrong) - whatever works for you is right - for you. It it feels good then you've got something to work on and build on. Results should follow. If it feels wrong then either it is wrong and you'll have to change it or you'll have to change your technique.
So much of archery is about how you feel, particularly confidence. A confident archer can shoot 10's with (apparently) poor technique and (apparently) poor equipment.
An unconfident archer with great technique and the best equipment can still shoot badly.......
Simon