Tycoon in Training, you should read everything that you can in the Newbie Affiliate Forum. Pay special attention to the threads that are "Sticky." Those threads have some of the best information for people who are trying to learn.
You will learn more and more as you continue to read. It is a gradual process, but you will get there.
When you have questions, you can always ask. You will receive some helpful answers to your questions.
After you have a little basic understanding, here is a thread you should read that will help you to avoid some potential mistakes because members are telling how they would have done things differently when they got started if they knew then what they know now
If You HAD to Start Over - What would you do Different???