this is a pretty easy trick for all levels of yo-yoers!
I call it the Ring of 5A!
Basically you will make a hoop with your counterweight yo-yo that you can spin round, pass from hand to hand, and finally break it apart and return the yo-yo to your hand.
Step 1: The Basic GreenTriangle mount
Then let the string fall off your wrist into the green triangle as seen below: