Manual wind watches need to be wound on a daily basis in order to run and accurately display time.
Automatic or Self-Winding The is the most common type of movement found in Rolex watches today. This movement involves a rotor which transfers power to the mainspring and keeps the watch powered by the kinetic motion of your wrist while you wear it. If the Rolex is worn daily, the rotor should produce enough power for the watch to run without manual winding needed.
Quartz – The quartz movement is the most precise out of the 3 types of movements. Powered by a battery and using a quartz crystal, this is a much more accurate method of time keeping. This movement was introduced in the 1970s.