Welles Wilder Biography, Career, Net Worth, and Key Insight
Welles Wilder’s Profile Summary
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Company
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Chicago Bears |
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Position
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Safety |
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Source of wealth
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Real estate development, technical analysis publications, development of trading systems and indicators. |
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Also known as
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Author, Technical Analyst, Inventor of Technical Indicators. |
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Years of life
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11.06.1935 - 18.04.2021 |
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Education
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North Carolina State University – Bachelor's Degree in Mechanical Engineering |
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Citizenship
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United States |
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Residence
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Christchurch, New Zealand |
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Family
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Wife and three children |
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Website, Social Media
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https://nz.linkedin.com/in/welles-wilder-66373b4 |
Biography
John Welles Wilder Jr. (June 11, 1935 – April 18, 2021) was an American mechanical engineer who transitioned into real estate development and later became a prominent figure in technical analysis. After serving in the U.S. Navy during the Korean War, he earned a degree in Mechanical Engineering from North Carolina State University in 1962. Wilder initially pursued a career in real estate but gained widespread recognition for his contributions to technical analysis. In 1978, he published "New Concepts in Technical Trading Systems," introducing several key indicators such as the Relative Strength Index (RSI), Average True Range (ATR), and Parabolic SAR, which have become fundamental tools in financial markets. His work has had a lasting impact on trading strategies and market analysis-
How did Welles Wilder make money?
Welles Wilder makes money in the following areas:
Real estate development, technical analysis publications, development of trading systems and indicators.
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What is Welles Wilder net worth?
As of 2026, there is no publicly available and reliable information regarding Welles Wilder’s net worth.
What is Welles Wilder also known as?
Welles Wilder was renowned for authoring influential works in technical analysis, notably "New Concepts in Technical Trading Systems." He developed several technical indicators, including the Relative Strength Index (RSI), Average True Range (ATR), and Parabolic SAR, which are extensively used in financial markets to assess price movements and trendsProminent achievements
Developed foundational technical indicators such as RSI, ATR, and Parabolic SAR, authored the influential book "New Concepts in Technical Trading Systems," recognized as a pioneer in technical analysis, his indicators remain integral to modern trading platforms.What are Welles Wilder’s key insights?
Wilder emphasized the importance of discipline and emotional control in trading, advocating for systematic approaches and the development of reliable technical indicators to guide decision-making
Personal life
Welles Wilder was married to Eleanor Dawn Barefoot, and together they had three children: John Welles "Johnny" Wilder III, Catharine Cooper, and David Wilder
Useful insights
Essential books for stock and Forex traders
These essential books provide traders with timeless strategies and practical knowledge to build a strong foundation in stock and Forex markets, and enhance trading success.
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Alexander Elder - "Trading for a Living"
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Summary:
Elder’s book is a comprehensive guide that covers the mental, technical, and risk management aspects of trading. It combines psychological discipline, effective trading strategies, and money management techniques to help traders build a sustainable career.
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Why read it:
It is a great starting point for beginners and a valuable resource for experienced traders who want to refine their approach. Elder's focus on the psychology of trading is particularly useful for developing discipline and avoiding common emotional pitfalls.
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Jack D. Schwager - "Market Wizards"
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Summary:
In this classic work, Schwager interviews some of the world’s most successful traders, uncovering their strategies, mindsets, and trading philosophies. The book provides a rare glimpse into the minds of top traders across various markets, including stocks, Forex, and futures.
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Why read it:
Learning directly from legendary traders can help you adopt proven strategies and avoid costly mistakes. The interviews offer timeless insights that can benefit both novice and seasoned traders.
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