Holding period impacts the losses of your trades.

DLR price moves down 1% or more for 29% of trading days (or every 3 days).
DLR price moves down 2% or more for 15% of trading days (or every 7 days).
DLR price moves down 3% or more for 9% of trading days (or every 11 days).
DLR price moves down 5% or more for 4% of trading days (or every 28 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 37% of trading days (or every 3 days) if holding the trade for 3 days.
DLR price moves down 2% or more for 24% of trading days (or every 4 days) if holding the trade for 3 days.
DLR price moves down 3% or more for 16% of trading days (or every 6 days) if holding the trade for 3 days.
DLR price moves down 5% or more for 8% of trading days (or every 13 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 41% of trading days (or every 2 days) if holding the trade for 5 days.
DLR price moves down 2% or more for 29% of trading days (or every 3 days) if holding the trade for 5 days.
DLR price moves down 3% or more for 23% of trading days (or every 4 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 36 days) if holding the trade for 5 days.

DLR price moves down 1% or more for 43% of trading days (or every 2 days) if holding the trade for 22 days.
DLR price moves down 2% or more for 41% of trading days (or every 2 days) if holding the trade for 22 days.
DLR price moves down 3% or more for 35% of trading days (or every 3 days) if holding the trade for 22 days.
DLR price moves down 5% or more for 28% of trading days (or every 4 days) if holding the trade for 22 days.
DLR price moves down 10% or more for 6% of trading days (or every 17 days) if holding the trade for 22 days.