The first step in Bible study is observation. The goal is to slow down your reading and generate a list of questions that must be answered to understand the passage. I tend to break observation into the following 4 steps which generally correspond to my first few readings through the passage.
Once a friend confessed: “I know an essential step of any Bible study is observation. But what am I suppose to observe?” So glad you asked! Sometimes we take this step for granted when teaching on how to study the Bible, but observation is a skill we learn and practice like any other.