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I had to set my timing at @10 degrees BTdC. It sounds like you're going the wrong way when you move your distributor.
Both could be slipping, or you put one on that was slipping.You best bet is to get a piston stop. Put the piston stop in the #1 hole crank it over till it stops, compare that to the pointer and see how far they are off. If you want to find definite TDC with a stop, wrap tape around the balancer and mark where it is at TDC then turn it backwards with the stop still in it and mark it where TDC is again. In the center of those 2 marks will be TDC. If your timing marks is nowhere near it, you know it slipped.
You might want to add that you would crank this over slowly by hand not using the starter.