Holding period impacts the return of your trades.

TSM price moves up 1% or more for 26% of trading days (or every 4 days).
TSM price moves up 2% or more for 10% of trading days (or every 10 days).
TSM price moves up 3% or more for 4% of trading days (or every 28 days).
TSM price moves up 5% or more for 2% of trading days (or every 55 days).
TSM price moves up 10% or more for 1% of trading days (or every 165 days).

TSM price moves up 1% or more for 35% of trading days (or evry 3 days) if holding the trade for 3 days.
TSM price moves up 2% or more for 27% of trading days (or evry 4 days) if holding the trade for 3 days.
TSM price moves up 3% or more for 16% of trading days (or every 6 days) if holding the trade for 3 days.
TSM price moves up 5% or more for 8% of trading days (or every 12 days) if holding the trade for 3 days.
TSM price moves up 10% or more for 2% of trading days (or every 55 days) if holding the trade for 3 days.

TSM price moves up 1% or more for 42% of trading days (or every 2 days) if holding the trade for 5 days.
TSM price moves up 2% or more for 30% of trading days (or every 3 days) if holding the trade for 5 days.
TSM price moves up 3% or more for 24% of trading days (or every 4 days) if holding the trade for 5 days.
TSM price moves up 5% or more for 15% of trading days (or every 7 days) if holding the trade for 5 days.
TSM price moves up 10% or more for 2% of trading days (or every 41 days) if holding the trade for 5 days.

TSM price moves up 1% or more for 48% of trading days (or every 2 days) if holding the trade for 22 days.
TSM price moves up 3% or more for 42% of trading days (or every 2 days) if holding the trade for 22 days.
TSM price moves up 3% or more for 38% of trading days (or every 3 days) if holding the trade for 22 days.
TSM price moves up 5% or more for 30% of trading days (or every 3 days) if holding the trade for 22 days.
TSM price moves up 10% or more for 16% of trading days (or every 6 days) if holding the trade for 22 days.