Step 5: Lubricate All the Moving Parts
Step 1: Extract a small amount of grease with your finger. The pictures provide a good illustration on the right amount of grease to use.
Tip: Too little grease will cause friction in the bicycle hub, thereby speeding up erosion of the bearings. Too much grease will attract dirt, thereby forming that nasty, unwanted grease.
Step 2: Scrub grease around the outer end of the hub shell. (seen in first picture)
Tip : Try to keep the greased parts away from dirt. These sediments will speed up erosion of the bearings inside the hub.
Step 3: Scrub grease around the smooth section of the axle. This is the part that makes contact with the inside of the hub shell, so it's important to put a good amount of grease here.
Step 4: Scrub grease around the slanted edge of the cone nuts. This the part of the cone nut that makes constant contact with the ball bearings, so it's important to keep this part well lubricated.