Brian,
I was in just your position eighteen months ago; this is my experience…..
Freehand grinding HSS tools I found a difficult skill to acquire; I actually ruined more than I succeeded in sharpening, and wound up with a small box of useless dog end tools, so I couldn't do any turning work at all. Some of the HSS ready formed tools I bought off Ebay were rubbish; they chipped all the time and gave a very poor finish. So I abandoned HSS.
At the Harrogate show I spoke to JB Cutting Tools who recommended a grade of carbide insert suitable for use on small lathes. They also have a good range of insert holders, left hand, right, hand boring bars, all that sort of stuff. These I found very easy to use, and got an excellent finish. I had to be careful with them because any clumsiness on my part would result in a chipped tool that was then useless on that corner (they are a rhombus shape so have four cutting corners).
I had been told by many experienced turners that carbide was unsuitable for small lathes of low power and suspect rigidity, because they have a negative rake and great speed and power were essential. What they didn't say or more likely didn't know is that there are carbide tools that don't fall into that class.
The grade I use is CCGT 09T304, about £3.20 each. They don't like interrupted cuts but even at modest speeds cut very cleanly on all metals including Al and stainless.
In time I intend to go the HSS route, but freehand grinding is for the birds especially if you are forming a new tool from a blank. Right now I'm making a Harold Hall type grinding fixture as shown in his book on the subject, and I'll certainly give HSS tangent tools a try too.
My recommendation is to speak to Jenny at JB, tell her what your needs are and I'm sure she'll fix you up; she seems to be a knowledgeable lady and very helpful. When you've got a bit of turning experience under your belt, make a judgement as to which way you feel you want to go.
Eug