Plant growth and development are usually influenced by salt, drought, high or low temperature, strong illumination and other adverse factors, which may finally threaten the settlement and propagation of the species. Studies on seed germination behavior and seedling growth of annual halophyte plant living in harsh environment can help us to thoroughly understand the tolerance mechanism of desert plants. Salsola ferganica, an annual halophyte living in extreme desert habitat, has special morphological structure and characteristics in tolerance of stress. In the present study, we discussed the effects of different stress conditions, such as light, day/night temperature variation, salt (NaCl) and drought (PEG 6000), etc. on seed germination (SG) and seedling growth (SGr) of S. ferganica. Results showed that: (1) Light had a positive effect, while darkness had a negative effect on SG, which indicates that seed germination of S. ferganica depends on and is sensitive to light. (2) Monthly examination of SG from 2014 to 2015 showed that SG of seed without winged perianth (NWP) was apparently higher than seed with winged perianth (WWP) stored at room temperature (RT) or 4°C. For WWP seeds, SG in light was significantly higher than that in darkness; SG also varied among seasons: in Spring, SG of seeds stored at RT was the lowest and so did it in summer with seeds stored at 4°C. SG of seeds stored at both temperatures had no significant difference at the same month. Seed vigor agreed with SG behavior partly and there was no obvious difference between months. (3) The day/night temperature variation (D/NTV) applied significant effect on SG and SGr. SG decreased at lower D/NTV (e.g. 5°C/15°C) but increased at middle and higher D/NTV (e.g. 10°C/20°C, 15°C/25°C, 20°C/30°C) in light. In darkness, the SG decreased at higher D/NTV (e.g. 15°C/25°C, 20°C/30°C) but increased at lower and middle D/NTV (e.g. 5°C/15°C, 10°C/20°C). 10°C/20°C D/NTV had positive effect on SG in both light and darkness; germination rate was promoted at higher D/NTV in both light and darkness. SGr was promoted at lower D/NTV while inhibited at higher D/NTV. (4) SG at lower concentration of NaCl (<100mmolL−1, osmotic pressure (OP)≥−500kPa) and PEG (<150gL−1, OP≥−300kPa) was similar to the control (OP 0kPa); however SG at higher concentration of NaCl (≥500mmolL−1, OP<−2478kPa) and PEG (≥200gL−1, OP<−300kPa) significantly decreased but still exceeded 35%, indicating that S. ferganica is salt- and drought-tolerant. When considered of the SG between NaCl and PEG treatment at the same level of OP, which was much better with NaCl than that with PEG. Taken together, we speculate that S. ferganica should employ ‘cautious strategy’ in germination, which means that under favorable conditions with light, temperature, water, etc., S. ferganica can germinate actively and get enough seedlings developing into adult plants; whereas under unfavorable conditions, the seeds may not germinate or germinate in a small amount to replenish soil seed bank.