Place a comma after the first item in the list. The order of the list is a matter of preference, but should not matter in most cases.
Place a second comma after the second item in the sentence.
Place a comma after any items that follow the first item, excepting the last one. It is optional to place a comma between the last two items in the list.
Place an "and" between the next-to-last and last item. Placing "and" between the last two items in the list is not optional and should be done in every case. As an example, your list should look like this: "first, second, third, and fourth" or "first, second, third and fourth."