Just to be clear, trim tabs are a completely different thing. Trim tabs are hydraulically controlled flaps the go on the far left and right edge of the transom. They help adjust the trim of larger boats and they can also be used to counter wave action when running in certain sea conditions.
Adjusting the trim of a boat means to make an adjustment that makes the bow ride higher or lower under a given power setting.
What you’re looking at is the anti-torque fin or some have taking to calling it the anti-torque tab.
It’s position should be adjusted so that it counteracts the a boat’s tendency to veer left or right. Some boat/drive combinations have a strong tendency to do veer one way or another, some do not. It depends on the drive setup and the weight distribution in the boat.
Getting it set up relies on some trial and error. Make small adjustments and then test run between each adjustment.
Grouse