Here's the other side of the coin beeps....
There are several that don't use any compression or outboard comps. This is the good part of what we have today being non-destructive. You can peak at say -6 dB going in like me....and average -12 to -8 dB and still be in good shape so you can process later. Just remember, the whole outboard thing is for coloration that 8 out of 10 times, I sincerely do not feel makes enough of a % to marry. Before I got my Midas (shhh, you never heard me say this lol) I use to use these Behringer rack comps. 2600 is the model I believe.....
Something about those stupid comps made a difference for the better in my guitar tones and vocals going to disc. I barely even touched them....2:1 ratio taking out -2 dB tops with -1 being the average gain reduced. You can barely notice that, but I knew when I used them dumb comps and when I didn't. Plus the wave form looked better with them on than without. I'm a stickler for a decent looking wave form even though you can't hold much stock in that either.
If I were you, I'd run the comp first in line. This way the eq doesn't mess with it and you are comping first. The only time I run a comp after an eq is on a problem instrument that may need a little extra reinforcement. Sometimes a comp after an eq on a bass just helps the tone and makes it sound better. Sometimes it will help a guitar also, but because we process guitars so much more, you have to be careful because when the comp is later in the chain, all the stuff before it will help to dictate how it reacts. So I try to keep it first.
As for as the CA2A, it's a great comp for you and you should be able to get away with using it without a hitch. Some of the best songs ever released had it on them. Here's what I want you to try. Set it so that the nastiest part of your guitar makes the comp level take out -2 dB of gain. Then turn the comp off and on. Set the comp level so that you can't hear a difference when the comp is on or off. Though that is not doing much, it's doing enough...trust me. If you feel the need to increase the compression, do so...but try not to go over -3 dB. It's rare that a good guitar sound will need more than -3 dB removed. See how you fair on that.
With bass, depending on your bass, the sound, your execution of the instrument, whether you use a pick or fingers, thickness of pick if one is used, (I use felt picks...they are the closest to fingers since I can't play with my fingers) and set the ca2a to remove -4 dB of gain. Match the level of the comp by turning it off and on and match it to where you hear no volume difference. This should give you a really good starting point. From there mess around with increasing and decreaing the compression to hear the effects of it. Right where I told you should be close to your sweet spot.
Now, if you're going for a super loud "current" type of sound, you're going to want to squash more to keep things tighter. In this scenario, you can compress as much as you want until you hear the instrument get loud then low. That's pumping and breathing and when you hear that, you're pushing things too hard. It will be easier to achieve this with the Ca2A because it has no attack, release or ratio control. You can control that artifact with a compression that has those extra controls.
One of the best compressors I have ever used is the bus compressor that comes in Sonar. Don't let that "bus" thing fool you. That is a serious compressor and I'd put it up against the SSL comp by Waves and many others. I use that comp more and more these days. It really has a nice sound and can be used on just about anything. It can compress, and can also affect like a transient shaper which is really nice because you have more control.
In my opinion, your biggest issue may be you don't know what you're supposed to settle for in a compressor. What is considered right when sometimes you can't hear enough of the effect to make a decision, am I right? I'll try to explain it to where you'll get it....
Say we have a circular piece of plastic. We stick a little play dough in the circle and press it out to flatten it and make it even and keep at it until it starts to spread over the edge of the circle kinda like it's over-flowing. Call that stuff that is just over the edge, an uncompressed sound. Now, take that little bit that is over the edge, and cut it away with a utility knife. You may not have cut away much, but we just compressed the play dough to where it is no longer leaking out over the edge. We didn't go crazy because we had to just trim it a little...which in reality, would be like a -2dB reduction. It's subtle but winds up working because of what is NO longer over-flowing and making our mix loose, understand?
Now take that same circle and drop in a huge wad of play dough. Pressed on it to flatten it, it's going to REALLY go outside our circular disc. In this situation, you'll need to cut away more excess to tighten that particular wad up....which is liek us compressing a bit heavier, get it now?
The key is to know when we have to compress more and when to compress just enough as well as choosing the right compressor for the job. Quick example, with light compression on my rhythm guitars individually, I also send them to a bus and compress them as an entity too. Not much, but I have to treat them as a group so a little more compression isn't a bad thing IF it's needed. Could I compress them a little more individually? Yeah, but I'm busing them and need to treat them as a unit in that particular situation.
You just have to keep on experimenting and trying to hear the differences. Unfortunately, when you are using a comp the right way, you don't hear it working which is what makes it one of the hardest effects to learn. That said, even when used subtly, when you remove it and listen to the same mix, you'll notice something is missing and not quite right. You'll hear some parts in your face, other parts a bit buried. This is what the compressor also helps with. As it evens things, it literally keeps them in the mix at all times. Without the comp, you'll notice some "in and out" stuff which is what you don't want unless you're automating it to do that. :) You'll get it...I have faith! :)
-Danny