Some good questions here for sure.
1. I prefer to play in the evening from about 6pm onwards, however, I know there are plenty of pro out there that like to get up in the morning and grind all day like a 9-5 job.
2. I normally aim for 2-3 hours. As I work a "normal" job during the day, I find beyond that I tend to lose concentration a make poor plays. Sometimes though I am fully in the zone and will play for much longer to take advantage of playing my A game. I'm almost never folding QQ in this situation unless I have a specific read (notes) on the player that has shoved all in. You cannot have a results orientated outlook, if you are folding QQ in this situation, you are not maximising your winning potential.
Stop losses are really important; in cash I will not reload more than 4 times.
Tournaments really depend on how well I feel I'm playing. As the variance is so much higher, it's not unreasonable to play well and still lose 10 straight buy-ins.
I would advise taking shots at bigger levels, unless you are super disciplined.
From a cash perspective you want to have a bank roll of 50 buy-ins of 100 big blinds, or 5,000 big blinds, so at $1/$2 you need $10,000. To move up to $2/$4, you need $20,000, however, it's not unreasonable to take a couple of shots (2 buy-ins, or 200 big blinds) when you get to $18,000, so long as you have the discipline to move back down if it doesn't work out.
Google Bankroll Bible for Jonathan Little's approach to bankroll management. As someone who has never gone broke, he is someone I would listen to more than most.
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"Success is not final, failure is not fatal: it is the courage to continue that counts." - Winston Churchill
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