Hi,
First you have to set the knurled knob at the lowest position in the shaft. Use the supplied wrench (bigger one) to loosen the "set-screws" in the base of the arm. You can locate 2 holes where these screws are, one directly to the back of the arm assembly and the other one 90 degrees from that on the right side if you are facing the table. Once you loosen these set screws, if you move the knurled knobs, you will notice that the height of the threaded shaft changes. This is the VTA adjustement for the Scout. Start by making sure that the LP in the platter is parallel to the arm. Use the arm tube to parallel and not the headshell. Also, make sure that the headshell of the cartridge is parallel to the LP surface. Using the supplied "tractor" you can easily align the cartridge bth horizontally and vertically. After all these settings, you'll have your "starting point". All adjustments, especially the VTA" can be fine tune by ear. Hope this helps.