Simple answer: Practice, practice practice.....followed by more practice.
It's expensive to practice on a nice knife

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Simple answer: Practice, practice practice.....followed by more practice.
Arkansas stones were oilstones, correct?
Howdy,
I am new to the art of knife sharpening myself and have also searched for a financially sound solution to keeping my blades razor. I created my own home-made set of "crock sticks" using a few 2x6's, 3/4" dowel, and 3D sand paper (grits from 150 - 3000 grit). In total I believe it costs me $20 ($7 of which was the 3k grit paper pack).
Use an angle finder or protractor to find the desired angle for your blade. Align up your 3/4" drill bit on your 2x6. Drill the holes for your dowel. Re- measure with your angle finder to make sure that you have it perfect. Do again on the opposite side to create a "v" shape. Drop in your dowel. Wrap your sandpaper around the dowel and secure with alligator clips. <insert any youtube video on how to use crock sticks> and interchange the sandpaper like you would your stones. Finish it all off with an extreamly light stropping and congratulations you have a razor edge that will shave wrapping paper.
This is just my personal "newbie" method but I can shave with any one of my knives.
Cheers,
TBL
Norton India combo stone - 1x2x6 fine/coarse can be found for around $20.
DMT duafold med/fine or fine/x-fine can be found for $20-30.
add a homemade stop to those 2 and you'd be covered for just about any sharpening need
Something to keep in mind is the steel that the knife is made of. Harder the steel, the more need for a diamond stone of some sort. The BK-16 can be easily sharpened with a Norton India Stone (use oil or WD40 as a lubricant). Ethan pointed me toward the Norton oil stone and I have been pleased. It is fairly large with two grits, but is good for home use. They make smaller versions of it that can be carried in the field.
I like DMT duo stones a lot too. I use a coarse and fine and have a separate extra fine DMT to do final passes. The large DMTs are expensive. Use gentle pressure with the blade held at as nearly a constant angle as you can.
I have been sharpening knives since I was a kid. Long time. But the DMT people demonstrated free hand sharpening to me at the Blade Show and it was very easy to follow and understand regarding angles. Hold your knife vertical on the stone (edge down) > that's 90 degrees. Halve that and you're at 45 degrees. Halve that again and you are at approximately 22.5 degree. Then I make the angle just tad more acute and sharpen or about 20 degrees for the most part. Sharpen a knife free hand like you would be trying to cut a thin slice off the stone. Make a couple passes and flip the knife and do the other side. It takes practice. The angles and consistancy are the key to being successful. If you want hair popping sharpeness, then after you get it sharp to your fingers free hand, then go to a strop or perhaps cermic V sharpener.
I touch up knives on the V sharpener a lot and they are extremely simple to use for touch ups.
Where are people getting leather from for homemade strips?