Well, no, that’s more of a neoorthodox subjectivist approach to Scripture. Not Sola Scriptura at all. Sola Scriptura doesn’t interfere with the proper function of the teaching ministry and authority of the church. It does assert that Scripture alone is sufficient to serve as the rule of Christian faith, that whatever is not verifiable from Scripture, while it may be useful and interesting, is not binding on the believer’s conscience. It is essentially identical to the position taken by Athanatius, who used the Scriptures as the supreme authority in his lonely battle against the Arian heresy, to which even the Bishop of Rome had briefly succumbed.
Good explanation in a succinct way.