I have only had 3 grows and have used 2 moisture meters. Personally, I have little faith that I can water properly using a meter. I found a 'yard sale' scale that goes up to 25 lbs and now use that to measure the water content of my pot.
I charged 6 gallons of ProMix HP with one gallon of water (8 1/3 lbs water weight) and then used 1/2 gallon of water to 'water in' my transplant (4 1/6 lbs). So I know that I have 12+ lbs of water in the pot. The total weight of the pot was 22 lbs.
If I weigh the pot and it comes in a 14 lbs, I know that one gallon of the water has left the pot. I am not saying that this is the correct amount of water for the plant (I think it is too much) but want to give an example of how to determine the amount of water in my pots.
After lifting the pots onto the scale for a entire grow I can get a 'feel' for the weight I am looking for and hope to stop using the scale. Reading that the pot should be 'light' is open to interpretation and I got it wrong. I felt that if the leaves never droop from lack of water, and the pots were 'light', that is was doing a good job watering, but a root autopsy after the grow indicated significant under watering with all the best roots in the bottom half of the pot (top half too dry for good roots).
My warning to a first time grower is to not UNDER water and do not UNDER feed, as I did.
Peace