Where are you in East Mids? I'm Peterborough. That's another post for you
Here's one reason why palm metering is useful.
An incident light meter reading, which is what this effectively is, measures the brightness of the light - which is what matters. A reflected light reading, ie normal in-camera metering, measures the brightness of the subject - which usually doesn't matter. Classic example of bride and groom - meter off the bride in white and you'll get a high reading, meter off the groom in black and you'll get a low reading whereas correct exposure is the same for both and will be somewhere between the two (mid grey). That's because the light falling on both subjects is the same, and an incident light reading measures that light.
Here's and example where palm reading is really useful. Shooting a moving subject like children running around the garden, the correct exposure needed stays the same so long as the sunlight stays the same, but if you use a normal reflected light meter reading it will vary as they move against different backgrounds - grass, dark trees, sky, whatever. You don't want the exposure to change so you would set it in manual.
However, if it's a cloudy and windy day the sunlight is going to change and you need to keep a check on that by referring to a subject that is a constant and known brightness, ie the palm of your hand. That way, you can adjust the exposure according to the lighting conditions, and not when the brightness of the background changes.
If you watch professionals at a motor racing track, you will see them frequently pointing the camera down at the tarmac, or on to an area of grass. What they are doing is checking their camera settings against a subject of known brightness in case the light has changed. (They would probably use the palm of their hands, but given the size of the lenses they use, they would need an arm ten feet long

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