Studying the Bible is one of the most rewarding and necessary habits of victorious Christian living. Along with finding a community of believers to worship with (there are no "solo" Christians); prayer (prayer really is just talking with God, and we can learn to talk with Him as with anyone with whom we have a deep or intimate relationship; and service (what, you thought all this was for you and you alone!), regular reading of the Bible helps us to know God.
You can visit the following site to get more information about the basics of a Bible-reading lifestyle. They will explain terminology and give other pertinent info, and you will have no need to be intimidated by such things any more. God bless!
http://www.biblestudyspot.com/