Or, the classic method is taking your rocket and hanging it from the 'balance point' (center of mass) with a strong string, fully loaded for flight (engine, wadding, etc). Once you do that, tape the string in place, go somewhere with lots of room, and swing the rocket over your head.
One little tip about the swing test: The longer the string (bigger circle) and the more smoothly you can swing the rocket, the better your test results will tend to be. If you can only hold your end of the string up in the air over your head and swing 5-6 feet of line, the tight circle may distort the airflow a bit and cause some problems like causing tumbling for a rocket that is actually stable.
I often take something out in the yard with me to stand on, to get my end of the string a little higher in the air for a bigger circle. Yeah, I use a step ladder. Yeah, my wife gives me a hard time about it every time. ("Can't you do that after dark when nobody can see you!?!?")
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