However you go about it, learning the basics is important.
My preference would be to start with HSS tooling (You have knowledge of this from your woodworking)
You can regrind HSS at 8 pm on a Saturday night after chipping the last Carbide insert!
Always set on centre height, so that there is no “pip” when you face the end of a bar. Then make a Centre Height Gauge, so that any subsequent tool can be set to that gauge.
After, as said, just make some chips. In this way, you will become familiar with the machine and what it can do.
Books; worth reading even if they don’t feature your particular machine. All lathes work on the same basic principle of holding a sharp tool on centre height against a rotating workpiece.
“The Amateur’s Lathe” by L H Sparey was the “bible” being aimed at Myford ML7 users, although the basics are the same.
Later came Stan Bray “The Compact Lathe” and “Basic Lathework”
and then Harold Hall’s “Lathework – A Complete Course”
Any of these will teach the basics, and beyond. Ultimately, experience and confidence come from using the machine and becoming familiar with its individual quirks.
By experimenting, you will learn how speed, depth of cut, and feed rate affect the result. quickly.
As long as the tool traverses a rotating workpiece, the machine will produce a helix. Depending on the depth of cut and feed rate, the result might be a screw thread or a fine finish. This is what you learn by just cutting metal, for the sake of it, to gain experience.
Having done wood turning, you are already some way along the road, you just need to refine your experience.
Whether you finally settle for HSS or carbide tips will be your choice (I use HSS for a lot of work and parting off, but rough, or bore using carbide. There is no ABSOLUTE right or wrong; just what works best for you, your machine, and what you want to make.
(You’ll need carbide to machine anything hardened!)
As you progress, you will gain experience and confidence in what you and the machine can do. (An O Gauge scratch builder uses his first lathe to make jigs and fixtures as well as parts for his models)
Go for it!
Howard.