01svtL- Skip the Meguiar's M09 Swirlmark Remover as it's not gonna help with your situation (not hating on it, actually recommended it a week or so ago..but not for this applicaton). If they have Griot's Fast Correcting Cream that might be worth trying though I'd prefer Meguiar's M101 if only due to my familiarity with it.
You'll need *far* more than one correcting pad. Even after you stop every few passes to clean the pad (removing all the cut-off clearcoat and dried polish residue, and I do mean *all* of it) there's always the chance that something will go haywire (pads *do* fail, especially under the hard use of significant correction, and usually at an inconvenient moment) and correcting pads wear as the abrasives/friction/etc. do their thing to the foam as well as to the paint.
And even with...say, six pads, you'll be spending *SO* much time cleaning them that you'll wish you'd bought more so you could just swap them out rather then spending so long cleaning them every few minutes.
Note that MF pads do clean out faster, especially if you have an air compressor to blow them out with, but it still takes a lot of time and a fair bit of effort. MF Cutting Disks simply work well IME.