Day Trading HOD / LOD

Stocks that are highly volatile / liquid attract many day traders. With my past two day stint with CSIQ and viewing emini trading i've come to realize that these professionals attract amateurs by simulating what seems to be a breakout during the day but continues to fail. this allows for range trading inside the day. how many times have you seen the twin needle chart pattern. when a stock that is "hot" or is in a trending sector but the stock itself has no fundamental reason to be reaching new 52 week highs other than the market is bullish and the sector is trending, stocks such as csiq attract a lot of attention from traders trying to make a quick buck. This attracts the pros and the trading range for this stock went from 7.50-7.90 ALL DAY. it kept retracing near its high of the day and dropping back down to the 7.50's. I think the pros were continually buying and this caused the price to jump up really fast. a lot of the amateurs thought this was a sign that the stock would break out due to massive volume and price increase. anytime they would buy in, the pros would cash out and make their $$. this would cause the stock price to quickly drop to prices that would hit support (pros again?). this support was around the $7.50's and even went down as low as the 7.30's in the early morning. after this frequently happened with probably over 2M in volume, CSIQ faded late day within the last 15 minutes of the trading day. LOL people got owned. and now its a lesson learned on how to look for profits in a volatile stock. it ranged all day back and forth. personally I would short near the top because the stock in my eyes will eventually drop. But in this bull market where everything is continually making new highs, i might be wrong on that. Good lesson learned on CSIQ. Plus I was one of the amateurs who shorted near the bottom instead of shorting near the top. -___-