Congratulations on your successful first shave; any first shave that you survive with only minor wounds should be considered successful, actually shaving hair is a nice bonus :-)

As for sharpness, the razor should be able to cut arm hairs mid-shaft, that is, you should be able to wave the razor slowly through your arm hair a millimeter above the skin, and the hairs should either pop in two, or just tumble over onto the blade. With this level of sharpness, shaving shouldn't feel much like scraping, it should feel more like you're just wiping the lather off your face with the blade.

I'd use the pastes some more, but be careful not to use too much pressure, as that can make it difficult to achieve the very fine edge necessary for a comfortable shave. Also, you mentioned you had two pastes, are these the dovo pastes? If so, I think the green is the coarser paste at around 5-6 microns, and the red is the finer at 2 microns or so. You might want to do 10-20 light passes on the green, then wipe the blade very clean (to avoid cross contamination) and the 20 or so very light passes on the red. If that doesn't do the trick, then you may need to send the razor out for honing on an actual stone.