Will the scars fade after using chemical peel?

Recently, I've used a chemical peel called UK derm erase solution. It is on a roller ball and it says it treat scars. So, I used it (because I have so many spots and scars). After 2 days, my skin starts to peel. But, I pick the dead skin off (always a habit which is really bad). Then a pink blotch of skin appears and I assure that it will heal. I was freaking out! I put Sebo de Macho (moisturizer) ALWAYS on my skin, fearing of having large scars. HELP!