Holding the compass, you can now move yourself around until the red end of the needle is directly inside the arrow-point at the base of the compass. The red end of the needle always points north, and you know that the arrow-point in the base has been set to north from your reading. You are now ready to walk in the direction that the arrow on the baseplate is pointing.
The easiest way to navigate, is by checking for any landmarks in-line with the arrow on the baseplate of the compass; for example some rocks, or a tree. This saves you from constantly looking at your compass. Just walk towards your landmark and then repeat.