Color it and it will be 100% better.. but thats actually really good.. i can draw a stick pony but thats about it lol

Part of me feels like I should put this up on my wall; the other part feels like I should burn it in an incredibly hot fire.

Wow that's pretty damn good for your first sketch.

If the muzzle was a tiny bit bigger and farther out, there would be nothing wrong with it, that I could find anyway. Nice work.

This reminds me so much of my first Derpy sketch. Were you by chance using RaptorART's pony tutorial to draw this, too?

And this is actually really good, man. You're getting anatomy down path well, I'd just say you need to increase the size of the irises and pupils.

But definitely give it a color. It's amazing what colors can do for a piece. Or better yet, try vectoring it! (I'm sure someone in Creative Resources would be willing to if you don't want to yourself. I would but I'm still a vector noob).

What Swick said. But besides that, it looks fantastic for your first try! Not many people can do that on the first attempt, so kudos!

Better than my crappy sketch.

This reminds me so much of my first Derpy sketch. Were you by chance using RaptorART's pony tutorial to draw this, too?

Nope. 

Just to be clear, I'm not an artist in any way shape or form, so please don't ask me to draw more.