Correctly located, with threads that tighten clockwise on nearside (UK) and anti-clockwise on off-side, Roy Smart's knock-on's have never come loose in all years of track / competition use and with no other locking devices.
Actually, we have had the nearside front come loose twice BUT on each occasion, it is believed that in haste, the wheel was not located onto the pins, rather against their flat end face, between the aligning holes. As soon as some hard braking was tried, the wheel turned against the pin faces and immediately came loose but not off, thankfully.
SO - correctly located and with a few knocks from a mallet, they have never come loose. In fact they can be a sod to undo on occasions.
Using a correctly fitting tool to torque them up would be my preferred method, as per EGLITOM.