I mostly fly LPR with plastic chutes, typically BT-55 and BT-60 size.
When I started long ago I had some literature that showed the parachute folded and shroud lines wrapped around it so I copied that as carefully as I could. When the rocket hit the ground the parachute looked exactly like it did when I put it in the tube, still tightly rolled up, so I learned to never do that again.
These days I grab the center of the parachute and pull it tight with the shroud lines. I fold the shroud lines over the chute and fold the chute in half so it's still long and pointed but the shroud lines are inside it. I squeeze that so it is long and thin, now fold it over so it is half as long, and slide it in the tube. With all of this folding and squeezing I only do it enough to get in the tube, keep it as loose as possible.
I have mostly good luck but an occasional tangle. I have more problems with tangles of long shock cords than I have with parachutes.
I have thought about what happens during ejection. My chutes are connected right at the nose cone so the nose cone and chute come out first, the shock cord below that, so I pack the rocket in reverse order of this. This has helped reduce tangles with the shock cord.