There's a reason why that FD is probably cheap...
The entire SRAM Red Black is a very good group, except the FD. The titanium outer cage is flexy and even after having it adjusted correctly, it still drops the chain or overshifts (chain suck) every now and then. Just happened to me again (chain suck) this morning.
Many use a chain catcher with a Red Black Edition FD. Even the newer Red Yaw FD (aluminum outer cage) now comes with an integrated chain catcher.
Others change out the FD to a Force FD (steel cage) which shifts a lot better.