Holding period impacts the losses of your trades.

VIR price moves down 1% or more for 40% of trading days (or every 2 days).
VIR price moves down 2% or more for 26% of trading days (or every 4 days).
VIR price moves down 3% or more for 11% of trading days (or every 9 days).
VIR price moves down 5% or more for 3% of trading days (or every 33 days).
VIR price moves down 10% or more for 1% of trading days (or every 166 days).

VIR price moves down 1% or more for 49% of trading days (or every 2 days) if holding the trade for 3 days.
VIR price moves down 2% or more for 42% of trading days (or every 2 days) if holding the trade for 3 days.
VIR price moves down 3% or more for 31% of trading days (or every 3 days) if holding the trade for 3 days.
VIR price moves down 5% or more for 14% of trading days (or every 7 days) if holding the trade for 3 days.
VIR price moves down 10% or more for 3% of trading days (or every 33 days) if holding the trade for 3 days.

VIR price moves down 1% or more for 55% of trading days (or every 2 days) if holding the trade for 5 days.
VIR price moves down 2% or more for 42% of trading days (or every 2 days) if holding the trade for 5 days.
VIR price moves down 3% or more for 38% of trading days (or every 3 days) if holding the trade for 5 days.
VIR price moves down 5% or more for 23% of trading days (or every 4 days) if holding the trade for 5 days.
VIR price moves down 10% or more for 8% of trading days (or every 13 days) if holding the trade for 5 days.

VIR price moves down 1% or more for 60% of trading days (or every 2 days) if holding the trade for 22 days.
VIR price moves down 2% or more for 58% of trading days (or every 2 days) if holding the trade for 22 days.
VIR price moves down 3% or more for 57% of trading days (or every 2 days) if holding the trade for 22 days.
VIR price moves down 5% or more for 54% of trading days (or every 2 days) if holding the trade for 22 days.
VIR price moves down 10% or more for 40% of trading days (or every 3 days) if holding the trade for 22 days.