Yvan - I have never used a timing light to time my 1958 TR3A. There is a static method that I have used a few times, but mostly, I just drive the car and then I stop along the side of the road and advance the timing by rotating the distributor or with the knurled ratchet in the direction of advance. Then I close the hood and accelerate away. When I get up to speed in 4th gear, I step on the gas at 1000 RPM in 4th and if it pulls away better, I stop and try the same again. After a few times of this lugging at 1000 RPM in 4th gear will cause some "pinking" which is not good for the engine. It is a sign of detonation. So I stop again, lift the hood and reset the ratchet towards "RETARD". Then I shut the hood and try again. If there is no pinking this time, I know I have found the correct setting for the timing. I have done it this way for 50 years and it works fine.
When you get your TR on the road, come and see me and we can try to set yours this way - if you want to. Then we can try a little drag to see whose TR3A can go better.
But better make it soon, because it's October now, and in about 3 weeks, I'll be putting mine in storage for the winter.
This offer is good till next spring.