monele
Adventurer
X2 on the above suggestions, Esp. the step drill (though they aren't good above about 3/16") and if you can't find cutting oil, any thick goopy oil (SAE30, Hydrualic oil etc) will make a huge difference. The point is for the oil to carry away heat and keep from smoking the bit. When the oil smokes, stop and dip the bit again. if you are going to use non-cutting spec oil, wear a mask so you don't inhale the smoke!!
Also, you need a center punch! Always mark you holes 1st (sharpie, awl what ever) and then Punch a center mark to start your drill in (if you're short on space to swing a hammer get a spring loaded punch) one good hit is better than 2-3 little ones. Start the drill slow, and check to see it's cutting where you want it to, then ramp up to cutting speed.
Also, you need a center punch! Always mark you holes 1st (sharpie, awl what ever) and then Punch a center mark to start your drill in (if you're short on space to swing a hammer get a spring loaded punch) one good hit is better than 2-3 little ones. Start the drill slow, and check to see it's cutting where you want it to, then ramp up to cutting speed.