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I'd like to make a ring that is a fixed size. I would like to somehow weave the string into the starting end to avoid having the l typical knot and loose string.

Anyone have a suggestion on how to do this? It would be an 8-1/2 size ring so it will be a decent size.

When you are starting your ring, if you could leave each folded string by itself with tiny loops, you could thread the excess through each loop and weave it back into the bracelet with a needle.
http://www.postimage.org/image.php?v=aVP1xE9
^try making tiny loops like this
http://www.postimage.org/image.php?v=aVP2kx0
^pull two threads tight through each loop and weave back into the back side of the pattern

Thanks. I'll give it a try.