Hi! Thanks for the translation. It's great, but has a couple of mistakes that might need corrections. Here are my suggestions:
Eu peguei um peixe vivo > I got (or grabbed) a live fish
But he ran away one time > But it swam away all at once (it's a fish, it has no legs, so it can't run away - and we can't say if it's female or male ;) )
Why did you let he run away? > Why did you let it swim away?
Because the fish bite me > Because it bit me
The one that was red > The one that god reddish
there is a russian version of this song