Whichever method you choose, be it a waterstone (also known as a whetstone), or a pull-through (either V-shaped or ceramic wheels) it's important to regularly hone your knife with a honing steel, which we'll also cover below. You'll be pleased to hear that you won't have to reach for the stones too regularly – once every two or three months should suffice. 
Works well. Just got it today, sharpened two pocket knives, one a 8Cr13MoV Chinese steel, the other s30v American steel The stone made short work of both steels (which were pretty sharp already). But notably was able to make the s30v hair shaving sharp easily, something I've had trouble with. Inexpensive and useful, I love this stone. It's not the Ninja sharp 8000+ grits that you can find, but for pocket knives and EDC, it's perfect and inexpensive. Get One!!!!!!!!!!!!
If you’re sharpening high quality knives, you probably don’t want to use a cheapo sharpening stone. But if you’re just getting started with sharpening your pocket knife, there’s no need to get too fancy right off the bat. You can find a sharpening stone at most hardware stores for about $10. This one is very similar to the one I use. Nothing fancy. Most basic sharpening stones come with two sides: a rough grit and a fine grit. The finer the grit, the finer or sharper you can get your blade. You usually start off sharpening on the rough grit and then finish sharpening it on the finer grit.
Low Grit Stones: A sharpening stone with grit number less than a 1000 is generally used for knives and tools that are damaged. If your blade has any nicks or chips in the blade, the stones will take care of them in a jiffy! They usually have a coarse side for nicks and chips, with the other side for general sharpening. Even if the knife’s edge has become totally blunt, the stone will re-sharpen it perfectly.
Diamond plates are available in various plate sizes (from credit card to bench plate size) and grades of grit. A coarser grit is used to remove larger amounts of metal more rapidly, such as when forming an edge or restoring a damaged edge. A finer grit is used to remove the scratches of larger grits and to refine an edge. There are two-sided plates with each side coated with a different grit.[14]
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