The title of this article alone is likely to raise the hairs on the back of many necks. The thought of pushing away concepts and ideas used for decades may sound ludicrous to you, but allow me to elaborate.

Old and proven ideas should never be pushed aside. Rather, the old ideas that have not proven effective and have prevented many from progressing towards a positive goal, these need to be shed. And there are plenty of them.

Some of these old ideas are that the futures and commodity markets cannot be forecasted because the patterns are random. Other old ideas are that you cannot make a success at trading unless you know the fundamentals of the market you wish to trade. And there is the old ideas that to make a success you must depend on what everyone else is using, common indicators such as the moving average, bands, oscillators and the like. Sure, they have their place in market analysis, and I certainly find some of them very useful. But they fall short of the ideal. Everyone is using them and most are failing miserably in the process. The old ideas have not lived up to all the hype they continue to get today.

If you hold fast to these old ideas, you may be holding yourself back from reaching your full potential as a trader. False concepts and beliefs are negative ones; negative ideas and beliefs can deaden your insights and blind your way. Taking a dogmatic stand that these old ideas are the only way leaves no room for greater insight and growth.

The world around us is bigger than we can ever imagine, with its many secrets waiting to be tapped by the individual not afraid to break the mode of adhering to old ideas and take some radical steps. W.D. Gann was recorded to be such an individual, and reading his material only exposes part of the psyche that made up this man