Dont give up!
You just picked a really hard thing to knit, with lots of shaping and therefore lots of complicated instructions.
Try reading the pattern through a bit further, it might become clear what you do later on.
Or take it half finished to the wool shop, there are usually ladies around who can help and see what you've done.
Or start knitting a really simple jumper, and come back to the teddy when you get your confidence up. Despite being big, jumpers really are MUCH easier than teddies, as long as you pick a plain, simple pattern.