This paper aims to elucidate what photographic meaning is with reference to 'punctum,' the central term introduced in Barthes' Camera Lucida. Separated from structuralist model, the project in the book seems to rely on a sort of phenomenology that is for private writing. However, a number of methodologies were implied in Barthes' writing and among them are Peirce's semiotics and Lacan's psychology. What is revealed here is how Barthes seeks the photographic meaning in terms of indexical feature of photographic signification and traumatic experiences the punctum of a photograph provides.