Stock Markets Exposed

What would be a good stop-loss strategy for a swing trader, when trading US stocks? Thanks.?

It doesn't necessary needs to be stop-loss...it can be stop limit...or whatever work to cut losses...

Public Comments

1. When I use that strategy I will but a stock and put a stop loss in at 10% below my purchase price. If the stock is going up I change the stop order every time it goes up another 5% but keep it 10% below the current price. If it starts to go down I just let the stop go off, don't change it since that is where you start to go off your strategy.
2. I use only a 5-7% stop market or a stop limit depending on the volatility of the stock.I want keep the losses small as possible . Once the stock is profitable then I put on a trailing market stop.