During the past two weeks of indecisive market action, I have been concentrating on individual movements of specific stocks rather than on groups of stocks and herd momentum. Unfortunately, the ranges of the intraday swings continue to be narrow, and there's little momentum to follow. Tops and bottoms tend to be quick, and multiple bottoms are common instead of clear single bottoms. More fake rallies are shaking traders out of trades. As a result, I am getting stopped out of more stocks than I usually do. A stop is a predetermined exit point I establish whenever I enter a trade. For me, it can range from 1/8 point to 1/2 point below my entry point, depending on circumstances. In an indecisive market like this, I can be stopped out of a stock and then see it rise -- a missed opportunity. But I am never sorry for taking small stops. I play the percentages, and over time the odds are in my favor if I stick to what works and do not allow the hindsight monster to damage my disciplined trading program. Here is an example of a trade I was shaken out of last week. I watched Commerce One ( CMRC) climb from the open on Friday and then drop. I was looking to go long when it bottomed. I tried to play the first bottom at 10:03 a.m. EDT and went long at 48. The stock rallied 1/4 point then dropped to 47 3/4, and the selling increased again. I exited with a 1/4-point loss, keeping to my regimented stop-loss program. Commerce One then bounced at 47 1/2, and as you can see from the chart below, it climbed all day long to 50 13/16. Could'a, should'a been a profit of almost three points, but you can never go wrong by keeping to a disciplined stop-loss program. The trade could have continued down three points or even entered a death spiral, turning my momentum trade into one of those pesky dogs that you hold onto for years.