Holding period impacts the return of your trades.

SPY price moves up 1% or more for 26% of trading days (or every 4 days).
SPY price moves up 2% or more for 7% of trading days (or every 14 days).
SPY price moves up 3% or more for 4% of trading days (or every 23 days).
SPY price moves up 5% or more for 2% of trading days (or every 42 days).
SPY price moves up 10% or more for 0% of trading days (or every more than 253 days).

SPY price moves up 1% or more for 42% of trading days (or evry 2 days) if holding the trade for 3 days.
SPY price moves up 2% or more for 19% of trading days (or evry 5 days) if holding the trade for 3 days.
SPY price moves up 3% or more for 11% of trading days (or every 9 days) if holding the trade for 3 days.
SPY price moves up 5% or more for 4% of trading days (or every 25 days) if holding the trade for 3 days.
SPY price moves up 10% or more for 1% of trading days (or every 127 days) if holding the trade for 3 days.

SPY price moves up 1% or more for 48% of trading days (or every 2 days) if holding the trade for 5 days.
SPY price moves up 2% or more for 28% of trading days (or every 4 days) if holding the trade for 5 days.
SPY price moves up 3% or more for 18% of trading days (or every 6 days) if holding the trade for 5 days.
SPY price moves up 5% or more for 7% of trading days (or every 15 days) if holding the trade for 5 days.
SPY price moves up 10% or more for 2% of trading days (or every 51 days) if holding the trade for 5 days.

SPY price moves up 1% or more for 69% of trading days (or every 1 days) if holding the trade for 22 days.
SPY price moves up 3% or more for 59% of trading days (or every 2 days) if holding the trade for 22 days.
SPY price moves up 3% or more for 49% of trading days (or every 2 days) if holding the trade for 22 days.
SPY price moves up 5% or more for 30% of trading days (or every 3 days) if holding the trade for 22 days.
SPY price moves up 10% or more for 8% of trading days (or every 13 days) if holding the trade for 22 days.