This is exactly how I wear mine too, I find it fits much more naturally on my wrist this way.I wear mine so the Mickey head is on the outside of my wrist. It lays flat that way on my wrist and is easy to put up to the reader.

Did you take off the gray part to make it smaller? I have skinny wrists and that's what I have to do to make my Magic Bands fit comfortably.

It helps if you cut off the excess, a bit past the right-size hole. It made it much easier to put on and it was more comfortable. The first time, I took off the outer part (I do fit the kid size), but I didn't like how jaggedy it got on the sides, so the next time I just trimmed it and it worked out.I don't like them. I think it's b/c the adult size is too large, but my wrist is one "hole" too big for the kid size. They also make my wrist sweat.