Before starting to sharpen a blade make sure the bevels and all upper places are completely finished. The handle should be 100% done, too. If making a sheath, do that before sharpening.
The edge should be between .010" and nearly sharp ( often called a zero edge) .... depending on how rough the use will be. Edge angle is determined by use, too. The harder the use the higher the angle. It can go from 10° per side on a fillet blade to 30° per side for a brush whacker. A good starting place is around 20° per side for general use knives.
The degree of fineness of the edge will also vary depending on use. Many of us take the edge of a utility knife or hunter to a 220 grit finish on a slow belt and give the edges one quick pass on the buffer with white polish. This makes a very aggressive edge and cuts meat and most stuff well. A smoother finish to 400 grit does well on many kitchen knives. Fine slicers like sashimi knives are often taken to 1000 grit then polished. Japanese sword edges may be finished to as high as 14,000 grit and highly polished.
The final step on any edge is to polish off the "wire" ( burr) with a strop or buffer. The buffer is a professional tool. and can remove fingers instantly when polishing an edge, so I do not recommend it for anyone who is not very experienced making knives. The better, and many say the best, way of removing the wire and polishing the edge is on a leather strop board. Glue a 12" long strip of 2" wide leather to a flat wooden board. I like to put the smooth ( grain) side up, but some do it the other way around. I don't think it makes all that much difference. Make a handle on one end of the board to hold firmly. This paddle will last many years if kept clean and free of stray grit ... so keep it in a sleeve or zip-lock bag when not in use. The silliest thing I see in many shop photos is the strop sitting on the bench next to the grinder. Charge with green chrome, white rouge, or diamond paste. If using diamond paste, 600 grit is good. You can make a second paddle for 1200 grit diamond if you like a nice shiny edge.
One rule of sharpening is the same as grinding, increase the fineness of the stone/media by about double each step. Going in bigger jumps leaves a lot of microscopic ( or not so invisible) grooves on the edge. A good first cut is 220 grit, then 400-600, and if a fine polish is desired 1000-1200. Above that is not going to gain anything on any normal knife.
Edge shape is also a consideration in sharpening. The edge can be a flat "V" , which is done by keeping the blade at a steady angle against a stone or hard flat platen. If the blade is rocked/lifted as the edge is ground, or done against a softer backing on the platen or a slack belt, then it makes a convex edge. These edges are a bit tougher, and work well to extend the edge on a lower angle blade used for fine cutting. Effectively, the first .0001" or so of the blade edge may be 30° per side and as the edge curves into to 15° per side. The degree of backing softness or slack in the belt will determine how well it is convexed. Hard rubber, like a mouse pad, and firm cork are good materials. A graphite platen backing also works excellent when paired with a 400 grit belt.