There is a terrific book,"The Razor Edge Book of Sharpening." These guys do nothing but sharpen dull stuff. Hell, they could even make Frank Symptoms look sharp!
The book is available on Amazon.com or from their own web site; google "The Razor Edge Book." Be prepared to LEARN some stuff, because they'll dispell some myths about sharpening stuff. (For example: for a good edge, DO NOT use oil!)
Lemme go get some pictures, BRB.
Okay, I'm back. Check out this picture, cleverly made in advance (in response to another post like yours):
As you see, there is a progression to the way your knife gets sharpened. Most people go for what I call the 'cheap grind:' They try to raise the heel (the part of the knife farthest from the cutting edge) to get an easy edge. This works for the first 3-4 sharpenings, but as you can see by the middle picture, the angle of the edge is reducing. Eventually, they raise the edge so much that the actual edge is no real edge at all. If this is taken to a ridiculous extreme, eventually the edge will look like the one on the far right of the picture.
Time for another pic, BRB.
Here's how to PROPERLY sharpen your knife. And, my apologies in advance: This will take some time and WORK. In the end, it will be worth the trouble.
Look at this pic:
To properly sharpen your knife, you must put some elbow grease into it. Believe me, if your knife is like some of mine were, your hands and arms will be sore as hell after a sharpening session.
(Remember that these pics are kind of extreme: they are exaggerated to show the lesson.)
The edge on the far left of the 2nd pic shows a factory edge. This is also the edge you wish to cut with your first grind. I will call this the Primary Grind. This is the one that takes forever to achieve; once you have gotten this grind angle, you are about 9/10s of the way there.
After you achieve the primary grind, raise the edge (the "heel") of your knife about 4-5 degrees. (Call this the secondary grind.) Start grinding at this angle. You will see that your knife edge will start to look more like the edge on the right of the 2nd pic. When you have this edge, you are ALMOST finished.
As you grind your knife, you want to grind both sides of the blade evenly so that the 'wedge' made by the sharp edge is even on both sides of the knife blade... like the left side of the 2nd pic. Eventually, as the sides of the blade converge (as you are grinding), you will find that you develop a wire edge. Rejoice! This is a good sign! You don't want to keep the wire edge, but you will grind it off; the wire edge shows that the sharpening process is almost finished.
You will get a wire edge as you finish the secondary grind. When you do, start sharpening on the other side of the blade. When you get a wire edge here, then alternate 1-2 strokes on each side until the wire edge is gone. THEN go to a finer grade of stone, develop a wire edge, and again alternate 1-2 strokes on each side until the wire edge is gone.
NOW you are finished! Your blade should be able to cut hairs from the back of your wrist (assuming you don't cut your arm instead)!
This process is explained much better in the book I mentioned earlier. I cannot overstate the value of this book. I think this book should be included with every knife sold, and should be a prerequisite to receiving one's man card.
Good luck!
One thing I haven't made clear: After you have achieved the primary grind, you can keep refreshing the secondary grind for 6 to 8 sharpenings; this makes sharpening your blade much easier.
BTW Be prepared to buy 2 or 3 different stones, with different grades of coarseness. The finest stone most people use is called an Arkansas stone (also a Washita stone).