Coach Heisman believes strongly that progress in chess depends on three things: study, playing, and reviewing your games. If any of the three are out of balance then your progress will suffer. So no, you can't lock yourself away in a room for x number of hours studying chess and emerge a good player. You need to play games to practice what you're studying and you need to review them to gauge your weaknesses and then address them.
All of the above out of the way, we now live in an era of "overinformation". There are probably dozens of good ways to teach yourself. I've chosen a diamond membership here because I think the Chess Mentor, videos, and newly improved tactics trainer (V3) give me the best shot. I don't know what your financial situation is but I think $100 a year for all that (and more) is a relative bargain. Obviously not everyone shares my view. Here's a method used in Europe that seems quite successful, although I have no personal experience with it. Good luck!
http://www.stappenmethode.nl/en/index.php
I have played chess and I want to learn the game systematically. But I have no intention of joining chess club or chess coach. Don't ask me why.
I want to know Which is the best method of learning chess from the beginning by self-study?