I saw the question on the site about preparing a wok, but I'm curious what kind I should get. I have heard of stainless steel, carbon steel, aluminum, etc. Also, there's a non-stick variety. I'm new to stir fry and will be cooking on an electric ceramic stovetop.
You should get a carbon steel wok with two short handles (not one long handle).
You want the steel to build up a patina of oxidized oils, which rules out stainless steel and aluminum and non-stick. You could conceivably get a cast-iron wok, but those are really heavy.
You want the two small handles so you can pick up the wok, but you don't want long handles that will dump hot oil or food everywhere if you bump them. Unlike a saute pan, you don't toss the pan, you toss the food. (Tossing the pan pulls it away from the flame, which is bad when stir-frying!)
Your best bet is to go to an Asian grocery. You'll be assured of getting a product at a good price. Shouldn't cost more than $25, I don't think.
Oh, one other question is what sort of stove you have. If you have an electric stove, (a) I'm sorry, and (b) you have to get a flat-bottomed wok. If you have a gas stove, you can either get a flat-bottomed wok or a round-bottomed wok, but the latter only if you get a wok ring that holds the pan just above the flame. You want as much heat going into that pan as you possibly can manage!
The Cook's Illustrated/America's Test Kitchen testers argue forcefully that a wok on an electric stovetop is suboptimal -- they're designed to sit on top of a fire or gas burner with flames licking around the base, and a wok's small area of contact with the heat source when used on a conventional hob results in something more like stir-steaming than stir-frying. They recommend a 12" frying pan/skillet instead. Other people's experiences may vary, but I haven't bothered with a wok since university and I would definitely question the need for one to make great stir-fry.
The best and cheapest solution I've ever see is the one I have. It requires a deck, patio, or something though.
I went to Chinatown in Toronto and at a restaurant supply store bought a carbon steel wok. It was about $25. You can get them anywhere. The secret to wok cooking is temperature. In the US, burners are generally limited to 15k btu. You need much more for the authentic taste.
What you need is a wok burner. I bought one for one $100 at the same store. It's basically a 7 inch wide triple fire ring burner made of cast iron. It's enclosed in a 15x15 inch frame which the wok will properly rest on. It's very strong and pretty large so I also use my 20 quart pressure canner on it.
This burner hooks up to propane, but you can get ones that use natural gas. It's 66k btu. Absolutely the best and cheapest purchase I've made in years. It uses much less gas than grilling, is much faster, and I use it for a larger variety of food.
Note: these types of burners are not rated for indoor use. They are incredible though.
Read this. Great advice.
Woks CAN work great on an electric range. But you have to buy carbon steel, not non-stick.
Don't listen to the nay sayers. It works great. Try it!!
Supposing that you have a gas stove, a simple and cheap thin steel wok will stand you in great stead. They are tough, light and easy to shake about, and will take a wonderful seasoning with use.
(Seasoning refers to the layer of cooked in oil which gives the wok its "non-stickness". it is very important to avoid washing up liquid, just cleaning it with hot water and a brush or similar).
I personally like a long handle; but a wok ring is essential as Harlan says.
I've experimented with a few. As mentioned here non-stick woks get quickly ruined with the high heat you need and given that you pay extra it probably isn't worth it.
Probably my main advice would be to get a wok of the right size, for cooking at home I suggest tending towards smaller rather larger. Obviously a smaller wok is easier to heat up.
Personally, I would go for a cheap and cheerful steel wok which requires a bit of seasoning. Don't use heavy astringent chemicals or abrasives when cleaning it.
For an electric stove, I wouldn't even bother. Buy a good quality dutch oven and use that instead.
For a gas stove, carbon steel or just plain-old-steel is vastly preferable to aluminum, stainless, and especially to nonstick. According to Mrs. Chiang's cookbook, aluminum and stainless won't hold the heat right. According to me non-stick is a bad idea; the high heat will destroy the coating, and you will end up with non-stick stuff in your food.
Go to your local chinese grocery, and get it there. Prices will be cheaper and quality higher.
I would suggest a flat bottomed carbon steel wok, only due to your heat source of the ceramic/flat top range. Any other type of wok would probably not give you good results. Anything with a non-stick surface is going to be a limiting factor when it comes to high heat. And stir frying needs quite a bit of heat. A round bottom would also not be effective as it would not have the surface area to transfer heat.
If you were able to upgrade to a portable gas cooker, this would greatly improve your stir frying experience. I would still recommend a flat bottom wok, as western style gas ranges are made for flat bottom pans, and do not concentrate it in the center for a wok. Thin carbon steel, as to transfer the heat to the food easier. As for handles, I would suggest one handle, just to keep the flame/heat away from your hands. If you had a wok ring to keep things stable, then a round bottom would be better. The round bottom is easier to flip/move food.
I got an aluminum filled stainless steel wok. One short handle, one long. Gas range. Works quite well, even, fast heat distribution. No worries about having to season the thing or dry thoroughly to prevent rust. Wok temperatures frequently get too high for teflon to last more than a year. You might as well pour money down the drain on one of those. My Wok is 8 years old, and happy, shiny as the day I bought it. I use it a lot. Slightly flat bottom, so it doesn't go rolling everywhere.
Since you are new to stir fry I would suggest you to buy the non stick one. So you don't have to worry about seasoning the wok and all that. Then if you find yourself in the future in the need of a different wok you can buy it then. For now I'll go with the easiest one