Feed it then mount. You won't be able to control it until the tame is done, dismounting appears to lower taming effectiveness so make sure you have a good supply of carrots (preferred food) on you. When it starts to buck you off you have to hit enter to feed it again. If you pay attention to the bottom left corner of your screen there will be a tool tip that will pop up when you can feed it abs just before it starts bucking.

Good luck and good hunting.