One thing you need to consider is timing. Reshaping the spring will change the position of the wheel so changing the beat.
What I do as a guide is to make a mark on the top of the wheel in line with the impulse pin or jewel, a dot with a Sharpie for example. I actually have some shocking pink nail varnish I use for this! Even the tiniest dot shows up really well, and removed in seconds with a q tip and some acetone.
Put the balance cock on without the wheel and set the regulator so the end is in line with the centre position of the lever. Now take the cock off and hold the wheel in place in the upturned cock, with the impulse in line with the regulator. Make a further mark on top of the wheel in line with the mounting post for the spring. Now when you come to refit the spring you can see where you need to position the end relative to the wheel to have it in beat. Once you have mounted it remove the post mark. If you don't have a time graph then you can use the mark in line with the impulse to time it.
With the watch running look to see where the mark stops before turning back the other way. Mark this on the movement, or take a picture of it and make marks on that. Do this on both sides so you have the limit of movement in both directions.
Measuring the angle between the marks and the balance pivot will tell you the amplitude. Where they are in relation to the centre position of the lever will tell you if it's in beat. If it is out it will also tell you which way to turn the collet to correct it.
Can be surprisingly accurate if done carefully, and of course this, or a similar method, was the only way of doing it prior to the invention of time graph type machines.