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Make sure you keep your whole team's level up as there are some acquisitions that base their level on your team's average.
Although they are difficult you can gain lots of experience from trainer fights. Micromon trainers are indicated by an icon of crossed swords floating above their head. To engage in a trainer battle you must give them permission.
Remember that some attacks (generally stronger ones) require stamina so it is important that you fight accordingly as stamina cannot be replenished unless the player uses a restorative item, or until the Micromon are healed at a Blue Fox Shop.
Although the fast Micromon's (speeds of 4 or higher) have lower attack and defense they are capable in many fights of getting two consecutive attacks. They can also learn healing moves which allows them to attack and heal in a single round.
Don't waste your time going after Micromon with low development rates (marked as 'DR' in it's stats) as they are quickly outclased by Micoromon which have a high development rate. The only time Micromon with low development ('DR' less than 5) are worth going after is when you need to complete your collection.
Use your Super Chips wisely, it is more beneficial to save them for Super Rare and Ultra Rare catches. Remember to knock down the wild Micromon's hit points as low as possible before using a Super Chip.
Any Micromon that you encounter or spy in battle will automatically be put in your database where you can then retrieve information about them.
Whenever you are out training your monsters keep an eye out for Z's drifting from the tall grass as this indicates a snoozing Micromon which you will be able to creep up on and get a surprise hit.
There is not an auto-save feature in the game so it is vital that you save manually as often as you can because if all your Micromon fall in battle you will be taken to your last save. The game does however auto-save when you win Micromon eggs in the lottery.