I usually do the previous two posts in order.
Electrolysis removes/reverts the rust - but leaves an "optimal" surface for "re-rusting."
Every chemical bond which was red rust before is now "black rust" which, if you're fast you can paint immediately to "seal it in." But each of those bonds is now waiting to re-form red rust even under that paint.
Using "Prep & Etch" converts each of those bonds into something else - which can be painted AT YOUR LEISURE - up to a point. It provides another integral layer of protection to the bare chemical bonds.
I had a small Worthington steam pump which I put through the electrolytic bath. Nice because electrolysis removes grease, paint, EVERYTHING but the ferrous metal. I then quickly followed with Prep&Etch. The pump then sat for two years before I got back to it to paint it with engine enamel. No change in that time - a dull grey coating.
Right now I have a Model A wheel which has been through the process. It's sitting in my garage since about May - maybe just a smidge of rust now.
It appears that "Prep N Etch" is now discontinued, replaced with another product by Klean Strip, which looks the same, acts the same, but is aimed at conditioning concrete for painting.
https://kleanstrip.com/cleaning-and-paint-prep/concrete-metal-prep/
For my electrolytic bath I used a weak solution of lye - available at many hardware stores as "Crystal Drain Cleaner." This is 100 percent sodium hydroxide. Don't use "Drano" as it is heavy in sodium hydroxide, but also contains aluminum dust - which "heats" under the chemical action - a heat you don't want and might get burned from.
My lye solution I mix to the point where - with the power off - I can reach into the bath with my bare hand without injury or sensation. One's hand gets MARVELOUSLY clean in the bath.
For the charge I use a Sears Craftsman Battery charger 0-8 amps. Amps I try to run under the "trip point" of the meter. On either 6v or 12v - whatever it takes.
And the bath operates mainly "line of sight" - so rotate your parts daily. Expect 3-4 days to complete a part. Longer is better.
Joe K