not quite. You need to first bleed the clutch line fluid, it is totally separate from the transmission fluid. It is the fluid link between your pedal and the actual clutch.
When you are letting off the clutch, where does it begin to engage? Middle of the pedal travel? Closer to the floor? Closer to the top? This can help dtermine the adjustment.
MK3 TSRM On-Line
That is the clutch bleeding procedure.