Absolutely not.
When you don't eat, your body will go into starvation mode. The best mthod is to eat lots of protein and drop the carbs. That way your body will have less to store as fat and have to burn body fat. After about three days your system will run out of stored carbs, then it'll use your body fat as fuel to move the protein into your muscles. The result: Lose fat, gain muscle. It's surefire. Pick up the Atkins Diet book at any Walmart, Kmart, etc.