Reefing sequence, to maintain best windward performance. For original Gunter rigs, not the odious USA rig:
Start with reefing the main, once, twice.
Next, take in jib.
Finally, take in the mizzen.
At which stage you fill the tank is up to you.
At the final stage, with ballast in and under double reefed main you can sail BRs fully controlled in weather you would not like to be out in.
Claus