With a stock 47re or 47rh valvebody, which you have, the torque converter will lock in 2nd, 3rd, and 4th/OD if you have a lock-up switch installed and flipped to the on position. You can flip the switch on before the sled pull starts and transmission will operate normally in 1st gear. As soon as it makes the shift to 2nd, it will lock-up. If you don't rev out 1st gear enough, it could cause the motor to bog down.
For example, when my Drag truck was mostly stock, I made a few passes with a lock up switch. I would flip the switch on before the race started. I would stage, launch, and run through 1st gear normally, as soon as it shifted to second, there was a ton of RPM drop and it would bog the motor and actually cause me to run slower. The reason why is I put the gear selector in D so it let the valvebody decide when to shift. I would shift from 1st to 2nd around 2500 rpm. This put the motor below 2000 rpm in 2nd gear. Now if the torque converter is unlocked, then the engine is allowed to rev a little higher since it's not directly connected to the transmission, rather its in fluid coupling. When a lock-up switch is turned on, it directly connects the transmission to the engine just like a clutch.
Once my Drag truck had about 280 HP, it had enough power that it wouldn't bog if I used the lock-up switch and times dramatically improved with it's use since fluid coupling does not transfer all available HP to the wheels. Another solution if you're limited on power is to manually shift the transmission. Keep the gear selector in L till you have about 3000 rpm, then 2nd gear lock-up will be at a good torquey RPM 2200 or so and won't bog.
A third solution is to not hit the lock-up switch till you're halfway through second gear.
In short, your HP, turbo, gearing, tires, track conditions, etc, etc, weather conditions, etc, etc, will all determine when is the best time to lock-up and in which gear or gears.
Just know this, when you turn on the switch and you're in 2nd gear or higher, it will lock up just like a manual transmission with a clutch.