The rocketing Rolls-Royce (LSE: RR) share price has created a painful problem for many investors. When a FTSE 100 stock flies it’s wonderful for those who hold it but frustrating for those who don’t. And this one really hurts. Rolls-Royce shares are up more than 1,000% in five years.

The temptation is obvious: jump on board. The worry is that investors do so as the rally runs out of fuel. That’s the nightmare scenario. Not only have they missed the spectacular gains, they could end up in the red. So what to do?

Timing stocks like this one is almost impossible. I’ve struggled myself. I spotted the moment of maximum opportunity and bought its shares in September 2022, then banked my…