cam degreeing needed?

So i ended up getting a degree kit. my MP cam calls for 113 centre line, after degreeing twice i came up with 110*. so i am 2* retard ( correct)? do i leave or advance with the advance slot on my comp cams timming set? the car is a 383 4 speed mainly stock street car. Thanks

Sorry i meant to say 3* not 2*. another thing is i am setting the indicator plunger against the outer lip of the hyd lifter. is that ok? thanks