Cast On 24 sts using your cast on preference. I used long tail cast on.
Join in the round being careful not to twist.
Knit 4 rounds in 1x1 Ribbing, K!, P1.
Knit 15 rounds in stockinette stitch. Knit all stitches.
Decrease round. *K2, k2tog, repeat from* to end of the round. 18 sts remaining.
Knit one round plain.
Decrease round. *K1, K2tog, repeat from* to the end of the round. 12 sts remaining, NOTE: You will not work a plain round next.
Decrease round. *K2tog, repeat from * to end of the round. 6 sts remain.
Cut yarn leaving a tail long about 6 inches long.
Using tapestry needle draw tail through remaining 6 stitches to close up the hat.
Weave In ends, and block if desired.