Holding period impacts the losses of your trades.

BA price moves down 1% or more for 43% of trading days (or every 2 days).
BA price moves down 2% or more for 30% of trading days (or every 3 days).
BA price moves down 3% or more for 19% of trading days (or every 5 days).
BA price moves down 5% or more for 9% of trading days (or every 11 days).
BA price moves down 10% or more for 3% of trading days (or every 32 days).

BA price moves down 1% or more for 49% of trading days (or every 2 days) if holding the trade for 3 days.
BA price moves down 2% or more for 39% of trading days (or every 3 days) if holding the trade for 3 days.
BA price moves down 3% or more for 29% of trading days (or every 3 days) if holding the trade for 3 days.
BA price moves down 5% or more for 21% of trading days (or every 5 days) if holding the trade for 3 days.
BA price moves down 10% or more for 8% of trading days (or every 13 days) if holding the trade for 3 days.

BA price moves down 1% or more for 50% of trading days (or every 2 days) if holding the trade for 5 days.
BA price moves down 2% or more for 42% of trading days (or every 2 days) if holding the trade for 5 days.
BA price moves down 3% or more for 35% of trading days (or every 3 days) if holding the trade for 5 days.
BA price moves down 5% or more for 25% of trading days (or every 4 days) if holding the trade for 5 days.
BA price moves down 10% or more for 10% of trading days (or every 10 days) if holding the trade for 5 days.

BA price moves down 1% or more for 53% of trading days (or every 2 days) if holding the trade for 22 days.
BA price moves down 2% or more for 49% of trading days (or every 2 days) if holding the trade for 22 days.
BA price moves down 3% or more for 48% of trading days (or every 2 days) if holding the trade for 22 days.
BA price moves down 5% or more for 40% of trading days (or every 3 days) if holding the trade for 22 days.
BA price moves down 10% or more for 26% of trading days (or every 4 days) if holding the trade for 22 days.