BLAST Parameters: Ten Things Worth Considering Before You Hit the BLAST Button

  1. Choose the Right Program and the Right Database
  2. Know Where You Are
    pay attention to the defaults - different for different installations (brief helps on options)
  3. Look Out for Really Short or Really Long Sequences
  4. Brush Up on Your Statistics
  5. You Can Limit Search by Organism
  6. Too Few or Too Many Hits
  7. Know When to Cut Filters Off
    by default, BLAST filters out repeats and low-complexity regions, but you may need these to find divergent pairs
  8. If You are in the Twilight Zone, Try a Shuffle to Check Result
    twilight line is 25 percent of amino acids present, 70 percent of nucleotides present
  9. Be Skeptical of Hypothetical Proteins
  10. Consider Ungapped Alignment for blastx, tblastn, tblastx

The NCBI site has plenty of tutorials including this example-driven tutorial. Also you can grab the BLAST book once it's put on reserve in the library.