Thanks so much again! Since I've already begun with this etude do you think there is a way to practice it to bring it to a nice level on the side while practicing scales, arpeggios, and easier pieces primarily, or should I drop it and come back in a few years? If so though, how should I approach that? 
There's not a lot I can add to lelle's feedback, but this question prompted me to suggest practising this - and everything else - as slowly as you can. I should say, I'm no expert. I had a few years of lessons as a kid and returned to playing (properly) in my late 50s. I probably wouldn't attempt this piece, but if I did I'd play it very very slowly.
Slow practice is a really important technique, in my view. It gives you time to figure out how to move from one note to the next, and which changes are to be legato (so you can't jump from one to another too abruptly - in other cases, staccato, ends of phrases, etc., you have more freedom to move the hands in between).
It's necessary for figuring out the best fingering, although you seem to have got something there that already works for you. Maybe you practised it slowly already, but your lack of accuracy suggests otherwise. Or maybe you normally play it slower than this, but were trying to get the correct tempo for your "attempt".
I do sometimes try to push the tempo beyond what I can do without mistakes, but only for a while, and then I return to playing it slowly enough for everything to be correct. Faster tempo sometimes helps to hear the rhythm and shape of phrases, etc. - which is why I said play it "as slowly as you can" - it can be difficult to do, but if you persevere it can reveal things about the music that will be important later.
Probably the main reason for playing slowly is that if you rush in any way and get wrong fingering, sloppy timing, missed notes, etc., you're just programming your brain to play it like that, which makes it harder to correct. It's difficult to resist the temptation to push it, especially when I think I should have made more progress by now than I have, but if I force myself to go back to a slower tempo it pays off the next day or week.
Same goes, by the way, for scales and exercises.
I'm also wondering how good your teacher is, if they let you choose any piece you want and don't give you useful directions on how to play it!
I'm curious how long you've been playing and learning this piece. My guess would be uninformed and pretty wild. But, with my background of a few years' lessons, I took about a year to learn pieces much simpler than this to any degree of accuracy.
One last tip - your piano is the wrong way round. The bass should be at the left.

All the best!
John