Now open the Bible and read the text. Never open if at random. The Word of God deserves to be eaten whole, not nibbled at casually. Follow the cycle of readings in the lectionary with an open mind, accepting whatever passage the Church offers you. Or else read a book of the Bible from beginning to end, in a sequential reading, a lectio cursiva.
Following either the lectionary or the sequence of a biblical book is essential if a faithful, daily reading of texts is to have continuity. This will also help you avoid falling into a subjectivism which chooses only the passages which you like or which merely fill your emotional needs. This is an iron principle to which you must remain faithful.
You may choose a book or one of the readings from the daily lectionary because the Church recommends it for a particular liturgical season. Do not jump around from text to text: one passage, one episode, a few small verses are more then enough! And if you do your lectio based on the Sunday readings, remember that the first reading (the First Testament) and the third reading (the Gospel) are parallels and you will benefit from praying over both together. The lectionary for feasts is a great gift, put together by people who are very spiritually astute. The daily lectionary is unfortunately more fragmented. If this causes you difficulty, it will be better for you to do a sequential reading of a single biblical book.
Read the text more thon once. Read it many times and even out loud. If you have some knowledge of the original languages, Hebrew or Greek, read that version. Otherwise be content with a good translation.
Always try ta use the Septuagint and Vulgate versions, if your educational level is up ta it. These are favored translations, which the Church has venerated over the centuries.