Incident light meters are the best! That is absolutely the way to get better photos! And your camera is not already equipped to do it, either, automatically or otherwise.
Hold the light meter on your subject, or on something that is illuminated like your subject*, so it is pointed between the biggest light sources and the camera. The reading you get is what you base your exposure on.
If your film speed, or your digital sensor’s equivalent film speed, is x, then you will get a nice photo in full sunlight if you set your lens at f/16 and set your shutter speed to 1/x. If you like, this is a useful way to think about how film or sensor speed was defined in the first place. I mean, I don’t actually know the history, but it’s as if this were the original definition (which it might be), in a numerical sense.
Once you know a proper combination of f/stop and shutter speed, you can also get other good combinations by moving up and down in f/ stops, and in shutter speeds, in opposite directions, moving the same number of steps, given that your lens f/ stops go in the usual pattern like f/4, f/5.6, f/8, f/11, f/16 and your shutter speeds go in the usual pattern like 1/125, 1/250, 1/500, 1/1000. These steps all change the amount of light by a factor of two, so changing them both together keeps the light proper and give you control of your depth of field or your ability to stop versus blur motion.
For example if you have a film or sensor speed of 125 and it’s full sunlight, you set your shutter speed at 1/125, your lens at f/16, and you’re good; or you can set the shutter to 1/250 and your lens at f/11, or 1/500 and f/8, which will keep even fast sports motion frozen. Or you can set your lens down to f/32 and set the shutter to 1/64, and get great depth of field for a macro still life.
Now here’s where your shiny new old meter comes in: you use it to measure what factor up or down you are from full sunlight. Go outside and calibrate it in full sunlight! I know, I know, this isn’t very precise as a lab instrument calibration, but it will be within a factor of two, which is just one stop in photography. You can try it on a few different days. Having the sun right overhead is best, but, jeez, this will be close enough.
When you go taking pictures, get a reading, and then cipher how many factors of two you are from full sunlight. Below, typically. If you get a reading of 1000 (whatevers) in full sunlight, and a reading of 1 in your living room, that is ten factors of two. Ten stops, in photography terms.
- If you are taking a picture of, say, a pirate ship race, you don’t have to swim out there to hold your meter there, provided you and the boat are in the same outdoor weather conditions. Figure out how you would point the meter if you were on the boat, and point it in the same direction right where you are standing.
If this was all way too messy and involved, well, I dunno, don’t play with scientific instruments. I guess.