This is the way that I do it, I get the engine running at a acceptable idle. Then use a vacuum guage and connect it to a good source of intake vacuum be it at the carb or the intake manifold. I turn the idle mixture screws in til I get the highest reading then go to the other side of the metering block and do the same. This will put the carb at the leanest point at idle, if your going to race the carb then screw the mixture screws out til the vacuum falls and then screw them back in til the vacuum it at it's highest point. There will be a area that the screws seem to have no effect, between the richest and leanest points, but the vacuum will fall in either case. And in either case bring the vacuum back to the highest point depending if your racing or street driving.
This is usually about 1 1/2 to 2 1/2 turns out for racing and 1/2 to 1 1/4 out for street. This will also be dependant on the size of air bleed that you have on the idle and power circuits. This should get you close to take it to the track.