We prove by the Hilbert–Mumford criterion that a slope stable polarized weighted pointed nodal curve is Chow asymptotic stable. This generalizes the result of Caporaso on stability of polarized nodal curves and of Hassett on weighted pointed stable curves polarized by the weighted dualizing sheaves. It also solves a question raised by Mumford and Gieseker, to prove the Chow asymptotic stability of stable nodal curves by the Hilbert–Mumford criterion.