I used that exact kind too, but I did have to screen it with a 1/4 screen (which was actually a wired garbage can lol) & so far so good. I'm new like you are, so I'm glad others are saying they have used it too :)
Also I mixed in 1 part spaghnum peat moss, 1 part perlite, and 1 part coir just because I had it on hand. It seems to stay moist but not overly wet. Good luck!