J. Welles Wilder, Jr.

J. Welles Wilder Jr. is an American mechanical engineer, best known for his work in technical analysis. Wilder is the father of several technical indicators that are now considered to be core indicators in technical analysis software. These include Average True Range, the Relative Strength Index (RSI), Average Directional Index, and the Parabolic SAR.[1]

Famous Quotes

  1. "Letting your emotions override your plan or system is the biggest cause of failure."
  2. "Some traders are born with an innate discipline. Most have to learn it the hard way."
  3. "If you can't deal with emotion, get out of trading."

References

  1. ↑ Wilder, J. Welles (June 1978). New Concepts in Technical Trading Systems. Trend Research. ISBN 978-0-89459-027-6.

External links