Wider stop-losses require smaller position sizes. Positions should be sized according to the percentage of your account capital which you choose to put at risk of loss. Many people will say you should risk no more than 2% of your account capital per trade: therefore the distance between the entry price and the stop-loss does not affect the $ you might lose, the $ at risk is the same whether the stop is 10 pips away or 100 pips away. But it does mean that the size of the position needs to be adjusted - smaller for a greater distance, larger for a smaller distance.
A stop that is far from the entry is less likely to be hit than a stop that is tight and close to the entry. A far stop also gives you time to react to a worsening chart picture so that you might choose to take action when the trade starts to turn against you but before the stop has been reached. A stop that is very very close to the entry might even be hit by “noise”, meaningless volatility of the price.