Hello Robert,
The short answer is that the prop should not rotate when you place it on the balancer, if you spin it lightly it should stop in random places. That said, there are some variables that are really important - you must be using a shaft that fits the prop ie: 1/8", 3/16" or 1/4". NO tapered cones for boat props! If you try to use the aircraft type tapered cones each side of the prop hub would need to be faced square to the bore. On some props the bore size vary in diameter and are really hard to balance if you don't have shafts that are plus sizes (in .0001's) In most cases the shafts on your flex shaft won't fit the prop that snugg and you would change the balance just by tightening the prop nut. Hope this helps.
John