New here.. My lifting and Eating routine. Will I lose Body Fat and Gain Muscle?

I have been working out for about a month now. I previously worked out for about 3 months but had to take a break because of work and other things. I am really trying to get in shape. I really want to burn body fat and build more muscle. From what I am reading this doesn't seem feasible to do both. Trying to Build muscle and Burn Fat. Here is what I am doing now. I am 5'11 and weight 246lbs. I am overweight with mostly Fat. I want to weight about 195 and be in good shape with muscle. This is what I have been doing for the last month. I have only lost about 4 Pounds since I started 1 month ago. I was 250. I want to know if what i am doing below will be good for me to transform my body and become healthy. Or do you guys have suggestions. I know this is long but I really want to become healthy and want to make sure I am doing it the right way. Any suggestions would be greatly appreciated. I am not looking for a short term solution but a life change.

Diet:
Breakfast: 5 Egg Whites and 1 Slide 40 Calorie bread with 1 TblSPN Peanut Butter
Snack: 1 Banana and 1 100 Calorie Zone Bar
Lunch: 1 Boneless,Skinless Chicken Breast and 1 cup Broccoli and Medium Baked Potato
Snack: 2 Scoops GNC Whey Protein - 40 Grams of Protein
WORKOUT
After Workout - 2 Scoops GNC Mega Whey Extreme Shake - 40 Grams Protein
Dinner - 1 B&S Chicken Breast 1 Cup Broccoli.

Thats usually about everyday. I do put steak instead of chicken and sometimes add more veggie. But thats my usual.

Workout:
I work out 6 days a week. I do weightlifting and Cardio each day.
Monday: Chest. 4 Excercises - 5 Sets. 12,12,10,10,8 -Reps 30 min Cardio
Tuesday: Shoulders. 5 Excercises -""
Wednes: Arms. 3 Bi, 3 Tri Excercises -""
Thursday: Back. 4 Excercises.""
Friday: Legs. 6 Excercises. ""
Saturday Off
Sunday: Chest.... Then I just keep repeating.

Thats it! Long i Know. Please let me know if this is ok or should I be doing something else. Thanks guys!
 
First of all, you're doing WAY TOO MUCH for a beginner. Focus on doing LIGHT weights a few times a week and the rest on cardio and see how it goes. You need to rest as well. Relax a bit. As you said it's a lifetime thing, so take it easy. You'll never maintain that pace so be realistic.
 
I don't know much about this stuff I guess. but that program looks awesome. I don't know how important the resting is though, but it sure seems like you should be able to slim down fast. To accelerate it you could eat a bit less to lose 1.5-1.25 pounds per week instead of 1.
 
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