Hello Miroku -
Let's see if we can be of help. You are simply trying to balance the acidic ions (H^+) with alkaline ions (OH^-).
This comes from the equation:
2 [H^+] + [O^-2] ---> HOH
HOH is water.
All titrations follow this method, but for the specific ion you are trying to titrate for. You know that on the left hand side are the reactants and on the right hand side are the products.
What is contained in the buret is called the "titrant." This can either be an acid or a base or it can be another compound, such as in an oxio-reductase titration, whatever you are trying to do to determine the specific quantity of ions. In the reaction I have given you, you are determining the total amount of hydrogen ion or hydroxyl ions, using one or the other KNOWN concentration as the titrant. The unknown is your sample.
By knowing the concentration and kind of titrant, you have solved two of the four unknowns in getting an answer. By using a specific VOLUME of the sample, you have solved for the third of four unknowns. This leaves one unknown left, which is the concentration of the sample. I will use the following equation to demonstrate this, in terms of what is called NORMALITY (or equivalents). You can also use this equation to determine MOLARITY.
N1V1 = N2V2
N1 is the normality or molarity of the titrant
V1 is the volume of titrant to complete the reaction and arrive at the endpoint.
V2 is the volume of the sample
N2 is the normality or molarity of the unknown sample
The above equation is solved by:
N2 = N1V1/V2
This gives you the concentration of the unknown sample's ion you are determining by titration.
A slight excess, usually a drop or two, is used, to ensure that the reaction has been completed so that all the reactants are now converted totally to products. A GOOD analyst however, is one who learns how to just complete the titration without having to use an excess. The drop or two extra constitutes a potential error in the estimation of the unknown concentration. So learning the exact color of the endpoint is important. Sometimes, the color change is very hard to discern. A difficult one I am familiar with is determining the color change of titrating a Calcium Chloride solution with Calcium Disodium EDTA using erichrome T black as the indicator. The color change goes from a bluish purple color to a steel greyish purple and the endpoint is very difficult to see with the eyes. Another one is determining the amount of chloride ions by using silver nitrate. This one requires you to see very slight changes in a canary yellow color. This one is very easy to overshoot the endpoint.
I hope this helps you a little bit more in understanding what you are doing.