% A simple cycle
% Author : Jerome Tremblay
\documentclass{article}
\usepackage{tikz}
\usepackage[active,tightpage]{preview}
\PreviewEnvironment{tikzpicture}
\setlength\PreviewBorder{5pt}%
\begin{document}
\begin{tikzpicture}

\def \n {5}
\def \radius {3cm}
\def \margin {8} % margin in angles, depends on the radius

\foreach \s in {1,...,\n}
{
  \node[draw, circle] at ({360/\n * (\s - 1)}:\radius) {$\s$};
  \draw[->, >=latex] ({360/\n * (\s - 1)+\margin}:\radius) 
    arc ({360/\n * (\s - 1)+\margin}:{360/\n * (\s)-\margin}:\radius);
}
\end{tikzpicture}
\end{document}
