Yes, you want the bevel of the stylus tip to match that of the copy. Too wide of a bevel is better than too narrow. The greater the reduction, the less any tracing wobble matters — but those letters were pretty painful to look at! (Not to mention cutting into your table!)
Speeds and feeds still matter, and cutting oil also helps. It’s much harder to get decent results in gummy aluminum than engravers brass or plastic. A sharp cutter shouldn’t raise much of a burr, though.
The tip of the cutter matters, too. The “tipping off” of the point on a stone that John mentioned determines what the bottom of the cut trench looks like. A dead sharp cutter will break down quickly, but is capable of hairline engraving only a few thou deep. Deeper/wider/bolder lettering is best with a wider tip on the cutter.
It looks like you’re cutting far to deep in general.
I generally cut 0.007” to 0.014” deep when engraving letters. Always indicate the four corners of your engraving area before starting — you want to know if there is any falloff and correct accordingly, or some parts of your copy will be deeper (and look wider/bolder) than others. Thousandths of an inch matter!