Masdevallia is one of my favorite types of orchids! They have triangular flowers (the petals are tiny, so you just see the three sepals.) They need cool temperatures to do well, and like a lot of humidity, but are otherwise quite easy to grow. (But they have a reputation as being hard to grow from people who've ignored their temperature and humidity requirements.)
Most orchids are not heavy feeders. Many orchids bloom year after year with no fertilizer at all. During active growth, when new leaves are being produced, you may fertilize every other time you water at half the strength recommended on the fertilizer package. However, it's important to deliver water without fertilizer at least once a month to flush excess fertilizer salts from the bark mix and avoid fertilizer burn to the roots.