Sounds to me like you are using way too much FP. Here's what I do:
Think about the surface of you pad, looking at the surface that touches the paint. Mist as directed and put, at most, 3 lines of FP about 1/8" inch wide all the way around the pad about 1/2 to 2/3 the way out from the center. Smear as suggested above, then add power. As you repeat this process on different body panels, just add a little less FP each time, because the pad is getting "loaded" with product - not all the polish is going to come off the pad and get used up on the paint. Buff until "dust", then wipe off what is left with MF.