There is a saying in the professional trading community - buy wholesale and sell retail. Conceptually the idea is to buy where the big boys are accumulating and sell where retail is buying. In its most simplistic form is to buy retracement and sell rallies. The big boys supposedly don't chase prices but will work the market to get wholesale prices. It means they will sell to grab from weak longs.
ok I'm familiar with the concept to buy when large scale in the know buyers are there/institutional buying is going on but had not read it being described like wholesale. I thought it might have had something to do with maybe brokerage pricing available to certain clients which made no sense to me because I thought market price is market price how could you get a better discount through wholesale thanks for clarifying