Holding period impacts the losses of your trades.

DLR price moves down 1% or more for 27% of trading days (or every 4 days).
DLR price moves down 2% or more for 13% of trading days (or every 8 days).
DLR price moves down 3% or more for 7% of trading days (or every 14 days).
DLR price moves down 5% or more for 3% of trading days (or every 32 days).
DLR price moves down 10% or more for 1% of trading days (or every 126 days).

DLR price moves down 1% or more for 32% of trading days (or every 3 days) if holding the trade for 3 days.
DLR price moves down 2% or more for 23% of trading days (or every 4 days) if holding the trade for 3 days.
DLR price moves down 3% or more for 15% of trading days (or every 7 days) if holding the trade for 3 days.
DLR price moves down 5% or more for 7% of trading days (or every 15 days) if holding the trade for 3 days.
DLR price moves down 10% or more for 2% of trading days (or every 63 days) if holding the trade for 3 days.

DLR price moves down 1% or more for 33% of trading days (or every 3 days) if holding the trade for 5 days.
DLR price moves down 2% or more for 24% of trading days (or every 4 days) if holding the trade for 5 days.
DLR price moves down 3% or more for 19% of trading days (or every 5 days) if holding the trade for 5 days.
DLR price moves down 5% or more for 11% of trading days (or every 9 days) if holding the trade for 5 days.
DLR price moves down 10% or more for 3% of trading days (or every 32 days) if holding the trade for 5 days.

DLR price moves down 1% or more for 35% of trading days (or every 3 days) if holding the trade for 22 days.
DLR price moves down 2% or more for 33% of trading days (or every 3 days) if holding the trade for 22 days.
DLR price moves down 3% or more for 25% of trading days (or every 4 days) if holding the trade for 22 days.
DLR price moves down 5% or more for 17% of trading days (or every 6 days) if holding the trade for 22 days.
DLR price moves down 10% or more for 6% of trading days (or every 16 days) if holding the trade for 22 days.