Well! more than the dips, the money plays an important role in stop loss. As some are more sensitive to losing money so they can't afford to lose even 10%. While some are safer as they don't have to depend on the trading earning for the financial requirements so they prune to lose more than 25% too.
Ignored
It sounds like you believe a wide stop-loss costs more than a tight stop-loss, e.g. a stop-loss of 80 pips cost you twice as much as a stop-loss of 40 pips?
Using stop loss is best for Beginners. Because it's way to reduce loss ratio. Stop loss wide should be maximum and its depend on how much you can bear loss. With large deposit amount you can take risk of wide stop loss and with limited capital it's best to use average stop loss value.
