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I’m a beginner looking for stop order swing trades targeting 2x risk. Sometimes I’m too slow with my analysis and the market gets away before I can put in an order.
Is it ok to then put a limit order at the stop entry price or enter at the market at better price?
For example today (11/27/23), buy signal bar 22. I was slow and the market went up on 23 before I realized it was a good buy. But then the market tested the entry price, so I could’ve put a buy limit order at the 22 high and been filled on 23, or bought at the market on 24 at a lower price before it went up.