Holding period impacts the losses of your trades.

LAC price moves down 1% or more for 44% of trading days (or every 2 days).
LAC price moves down 2% or more for 30% of trading days (or every 3 days).
LAC price moves down 3% or more for 18% of trading days (or every 6 days).
LAC price moves down 5% or more for 9% of trading days (or every 11 days).
LAC price moves down 10% or more for 2% of trading days (or every 55 days).

LAC price moves down 1% or more for 53% of trading days (or every 2 days) if holding the trade for 3 days.
LAC price moves down 2% or more for 41% of trading days (or every 2 days) if holding the trade for 3 days.
LAC price moves down 3% or more for 35% of trading days (or every 3 days) if holding the trade for 3 days.
LAC price moves down 5% or more for 23% of trading days (or every 4 days) if holding the trade for 3 days.
LAC price moves down 10% or more for 7% of trading days (or every 15 days) if holding the trade for 3 days.

LAC price moves down 1% or more for 53% of trading days (or every 2 days) if holding the trade for 5 days.
LAC price moves down 2% or more for 47% of trading days (or every 2 days) if holding the trade for 5 days.
LAC price moves down 3% or more for 40% of trading days (or every 3 days) if holding the trade for 5 days.
LAC price moves down 5% or more for 31% of trading days (or every 3 days) if holding the trade for 5 days.
LAC price moves down 10% or more for 13% of trading days (or every 8 days) if holding the trade for 5 days.

LAC price moves down 1% or more for 70% of trading days (or every 1 days) if holding the trade for 22 days.
LAC price moves down 2% or more for 66% of trading days (or every 2 days) if holding the trade for 22 days.
LAC price moves down 3% or more for 62% of trading days (or every 2 days) if holding the trade for 22 days.
LAC price moves down 5% or more for 50% of trading days (or every 2 days) if holding the trade for 22 days.
LAC price moves down 10% or more for 36% of trading days (or every 3 days) if holding the trade for 22 days.