[Freddie]

Hi,

I trade YM on 5 minute timeframe and have found that when I enter trades and look to place my stop below the recent pivot low for longs that it is in the 30 - 40 YM points away from my entry. This I find to be too large. This may all be a function of my entry signal but was just wondering what most people use as a normal stop loss range in points on their entry for 5 minute or other timeframes.

I may switcht to a lower timeframe if that means smaller risk on entry.

I would really appreciate any comments.

thx,

Freddie