Stanski,
If you want to use the lustre king, ask the house what polishin compound they are using in it. Some of the older ones still use wax, others have been rebuilt to use compounds.
Regardless, your best money is on bringing it to a pro shop. With a particle you will usually want to bring the surface of the ball down to at least 600-800 before you begin moving to higher grits & finally polishing.