You need the bath and the grader now. The anglemaster is not vital as you can eyeball the angle that you want on an object. You use the anglemaster to see what angle it is that you are working with. You do not need it to set an angle already on an edge. The honing compound is also useful but the bare leather is going to work but not as well. I believe this is the Tormek that is designed to be used for no more than 30 minutes at a time so do not overdo it. Use 30 minutes and rest 30 minutes is the prescribed usage, I think.