Welcome!
Once you get the hang of things, you will have HOURS of pleasure.
As already said, gain experience on "scrap" metal, rather than expensive castings, or metal of which you have a very finite supply. It is better to learn on material which you are reasonably happy to bin, rather than a shaft for some model or tool for which you have paid highly.
If you can, join a Model Engineering Club, that way you should have first hand access to a lot of experience and help.
Direction of Rotation: ANTI Clockwise looking at the Chuck. (There are exceptions to this but these need not bother you now. When the time comes, you will probably have the experience to know how and why)
Learn how to turn the handwheels at a more or less constant rate, using both hands (a bit akin to pulling a rope hand over hand, one hand taking over from the other)
As you face inwards, the cutting speed will decrease, so the surface finish will probably vary. You will need to adjust your rate of feed to accomodate this.
As you traverse along the bed, the cutting speed will remain constant (unless you are cutting into a taper to bring it parallel).
3 Jaw self centering chucks do not hold work absolutely concentric. A good one will be within about 0.003 inches (say 0.01mm) Total Indicator Reading. As someone has already said, you turn the scroll until you can just see the start coming to the slot for No 1. Slot in jaw 1. Turn scroll slightly. and jaw will start to move in. Stop and turn chuck so that you can see down the slot for No.2.. Turn scroll until start comes into view. Fit Jaw 2, turn scroll until jaw moves in. Repeat for jaw 3..
Always fit tools at centre height, NEVER above. With minimal overhang, if the tool is ground to the correct angle, and meets the work with the correct clearance angle, if it chatters, reduce speed, and/ or feed rate.
Making a centre height gauge might be a time saver, and a useful exercise to gain experience. It can locate on the bed, or on the Cross slide, but obviously can only suit one or the other position, not both. The final operation having made one, (before fitting and setting the blade)is to hold the pillar in the chuck and face the underside of the base, to ensure that the pillar will will be vertical when in place for use.
You have a small lathe, so the manual will probably warn against taking cuts more than 0.25mm (0.010"
The toolpost guard came off my lathe VERY soon after it arrived, but I do have a flat acrylic guard that sits on a pillar on a pot magnet, that gets used from time to time. Hot swarf down the front of your shirt is an acquired taste, but not my recommendation.
The chuck guard possibly operates the microswitch by a face cam on the shaft carrying the guard. If you want to work without the guard (BE careful! It is there for your safety) you may get away with removing the guard, but leaving the shaft, although you are liable to have the foul problem still.
On my larger lathe, I cut the shaft and made up a sleeve to join together the two halves. When it gets in the way,as it does sometimes, I remove the sleeve and guard, leaving just the short end of the shaft. BUT I don't do that when the chuck jaws jut outside the chuck body, and keep well away from the jaws on the face of the chuck.
The usual recommended lubricant for Aluminium is kerosene, it will lessen the tendency to weld to the tool, and improve the finish. For a good finish, the tool should be sharp, and if in any doubt, run slower than normal, with a fine cut and fine feed.
White spirit may be an acceptable substitute for kerosene; try it?
When you are more proficient, you can start worrying about levelling the lathe, to minimise twist in the bed. But that comes later!
Hope that all my ramblings will be of some help.
Howard
Edited By Howard Lewis on 28/08/2015 19:36:19