I'd also ask how old is the compass and what kind. Though I have some of the generics for students in bungee wrist mounts, I use two SK7's. One in a bungee mount and the other on a retractor. The only time I had issues was during a charity treasure dive. Someone went and got a flea market table full of costume jewelry. It was great fun finding "diamond necklaces, pearl rings, and lot of gold bracelets" in the really low vis.
My student/buddy had a great time hanging out just above me watching me swim in circles as the "gold" bracelets I was putting on my arm were magnetic and my compass that was on the same arm saw the needle stayed pointed to them.
Turd let me go for about 5 minutes before he tapped me on the head and told me. No visual references so I was "following" the compass exclusively.
As for the OP I dive steel tanks pretty much exclusively. First back mount, then back mount doubles, and now sidemount. Don't see any effect on the compass.
My student/buddy had a great time hanging out just above me watching me swim in circles as the "gold" bracelets I was putting on my arm were magnetic and my compass that was on the same arm saw the needle stayed pointed to them.
Turd let me go for about 5 minutes before he tapped me on the head and told me. No visual references so I was "following" the compass exclusively.
As for the OP I dive steel tanks pretty much exclusively. First back mount, then back mount doubles, and now sidemount. Don't see any effect on the compass.