I'd use a carbide end mill with a shorter flute length 1", put as much of the tool shank in the holder as you can
on your machine i'd run the tool at 3800 rpm at 40 ipm
looks like your slotting , i see chip marks in your cuts
try using two passes per depth one off the wall and the next on the wall so your not slotting
if your machine has no backlash i would climb mill on the wall surface
you need to adjust your coolant nozzle so it removes the chips and your not re cutting them


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Play with all 4 variables. Start out slow, then turn things up. There are so many different reasonable combinations that the only way to get a good feel for it is to do it. 
