I will do what you say and before work I will get some of the Stain i will be using, and sand paper. Now when I get the sand paper is it going to come in a circle like for the sander, or can I just buy some sheets of sand paper for it?
It should come in round form just like for your sander. Does the sander have velcro on the bottom? If so, you're going to be looking for "hook and loop" sanding discs (they can't use Velcro without paying them royalties so they use the generic term). If the bottom of the sander is a smooth rubber surface, you're going to be getting PSA discs (I think it stands for Pressure Sensitive Adhesive, but it's not important). MAKE SURE TO LOOK AT WHAT KIND YOU USE!
You can't use one in place of the other AT ALL. The discs will also have a certain number of holes in them. It's nice if the number of holes match, but it's not important, just make sure if the base of the sander has holes, the sanding discs do also.
Home Depot is prolly the best place to get these for your sander, but you're limited to what they have. Online places have a larger selection, but you'll have to wait for them. I've never ordered sandpaper online, so I can't tell you anything about that.
Since you're getting stain, make 3 test scraps. Make 'em kinda big so you get a good representation of what everything'll look like. Sand the first one with that 150 that you have. Sand the second one with the 150 first, then the 200. If you pick up a third grit, do the 150 first, 200 second, and the third grit last.
You should see the difference sanding makes on your project after you apply the stain. The coarser grit (150) should be the darkest color, but also the least pleasant to the touch. 400 would be the lightest and best feeling.
You should get a really good idea of how things work after spending $10 on progressively finer grits of sandpaper and you should be fine after a little work with the sander.