A watchpoint counter is associated with each watchpoint. When the watchpoint is created, the counter is set to zero; each time the watchpoint is incurred, the counter is incremented by one. When a program is reloaded, all counters are set to zero.
The Skip option assigns a watchpoint skip counter to the given variable, which is set to the value you specify. As a result, the watchpoint will be skipped the specified number of times. Once the watchpoint skip counter is set, it remains in effect until the value decreases (resets) to zero.