[*Varda*]

Ok, time for my little humble opinion. This is actually a topic that interests me as i'm trying to write a fantasy story (or two) based on LotR over the summer. Unfortunately i'm worried it's going to turn into another Beren/Luthien.

Ok my tips.

Work out a plot. It's fine if it changes later, just go with the flow.
Like others have said, it's a good idea to have worked out some history and background. It gets you more involved in the story and also helps you to understand what you're writing about.
Make sure you develop the characters thoroughly. Their good points, weaknesses, flaws etc. These all help a reader relate to the character.
Never forget description. It helps if readers can picture a place in their minds, it draws them further into the story world.
Dialogue is good but sometimes i feel too much gets annoying, sometimes it's unnecessary. However it's also useful for developing characters... so it's just a matter of personal opinion.

Hope i helped! [img]smilies/smile.gif[/img]