But the 'knit two together' method is fairly simple and gets me a nice result every time - and therefore has not stopped me looking (and making) projects knitted in the round. Here is how I do it... I am sure other knitters have other methods - please let us know in the comment box, would love to try other methods as well.
You must first cast on (or pick up stitches) to have a foundation of stitches on your double pointed needles or circular needles just as you would for straight knitting. Evenly distribute your stitches over 3 or 4 needles.
Cast on the number of stitches your pattern calls for, plus one (ie, if the pattern says to CO 72, you'll CO 73).
With the cast-on edge pointing away from you, slide the first cast on stitch to the end of your left needle, and the last cast on stitch to the end of your right needle, so both are ready to be worked.
Slip the last cast on stitch off of your right needle back onto the left needle.
Place a marker so you can easily identify the beginning of the round. Begin Knitting!