I do all my turning on my Myford lathe which is a metal lathe. It also turns/machines wood with great precision and all the plastics are a piece of cake. If you are turning acrylic, it is essential that the top surface of the tool is held exactly radially to the job. Tungsten Carbide should only be used if you can get a razor sharp edge on it. All my turning of wood and plastic is done with HSS and using the highest grade available. For all plastics, the cutting edge must be razor sharp. This achieved by carefully honing with a fine grade diamond hone. If the tools are blunt, the plastic, especially the acrylics, will melt and form rough chips. If the acrylic is giving off a terrible aroma, the acrylic is melting and burning. Slow down everything and sharpen the tools and check the angles ground onto the tool. Too heavy a feed rate can cause the acrylic to shatter which is always very exciting when the bits fly past your ear. A basic starting speed for machining would be about 200 feet per minute but slow down if it starts to melt.
Wedge
Wedge