I use virgin olive oil without a problem. But then, I don't turn it to high, but slightly below that.
If I have time, I'll start the oil at low heat and add some chopped garlic and onions. This flavors the oil. Then I'll turn up the heat and add the meat (there's an old, ribald song title in that somewhere).
I cook the meat first, especially pork, to ensure it's thoroughly cooked.
If I cut fresh veggies, I cut them at the classic slant of oriental cooking.
If I'm in a hurry, I just add a bag of frozen veggies.
But fresh veggies are best. Slice them somewhat thin, to ensure they cook well.
Yet, you still want them crunchy, so don't overdo the cooking.
Among the veggies you can add:
Celery
Carrots
Mushrooms
Broccoli
Cauliflower
Green onions
Green peppers
Hot peppers (in moderation, if you're so inclined)
Peas
Pea pods
Cabbage (chopped)
Chinese cabbage
Bean sprouts
Water chestnuts
Baby corn
Bamboo shoots
Garlic, minced (if you didn't add it to the oil)
And a host of other vegetables that catch your fancy.
Meats include:
Pork
Chicken
Beef
Shrimp
Crab
For flavor, add soy sauce to the veggies shortly before they're done.
You may also add those crunchy Chinese noodles, or Chinese "angel hair" noodles that you boil, just before serving. Or serve the stir-fry over these noodles or steamed rice.
A lightly whipped egg added to the veggies just before they're done will add flavor and give a nice texture. It's also a cheap way to stretch the meal if you don't have a lot of ingredients.
It adds atmosphere if you serve the stir fry in bowls or on plates with an oriental pattern. These are often available inexpensively in Chinese markets. The cheaper ones are made of plastic and will work fine, if you're on a budget.
I don't put a lot of spices in my stir-fry, preferring to let the flavor of the veggies and meat come through. I never use monosodium glutamate (MSG), like the restaurants use to keep the veggies looking bright and fresh. MSG tastes "off" to me, and it's been known to give people headaches.
Serve with a pot of hot green tea. Since you're in the Smith & Wesson site, you may wish to purchase Chinese Gunpowder tea, so named for the tiny kernels that resemble black powder.
Or, try Jasmine tea or black tea. You'll find a good selection at any oriental market, or perhaps in the Chinese section of your supermarket.
Don't forget to put a bottle of Soy Sauce on the table, for those who like a little extra salt.
Buy a box of fortune cookies as a surprise after the meal and friends will think you're a real gor-may! LOL Everyone's fortune around the table starts fun conversations, too.
Search the net for other ideas, but this will give you a good start.
I'm sure I've missed some ingredient. I'm thinking off the top of my head, and there's very little hair there anymore to keep my thoughts from evaporating.