Its time for a service.
Take it to any Rolex re-seller that offers repair or to any good timepiece service center. If its a vintage piece i would recommend sending it to Rolex, paying the extra cost to receive the watch with full Rolex repair documents and service history. The Rolex web site has information on this. Also this company does a fine job on Rolex repair. https://www.bobswatches.com/rolex-repair-service
SOURCE: ROLEX OYSTER PREPETUAL HOW DO I ADJUST THE TIME?
Unscrew the crown, pull out the crown fully to the second position. and rotate the crown counter clockwise or clockwise. Push the crown back in and screw down the crown.
SOURCE: Rolex oyster perpetual datejust time/date setting instructions
Depending on how old the watch is, It may be quick set or older models are not quick set. In older models you need to unscrew the crown, pull out the crown and rotate the crown to set the time, and in order to set the date rotate the hour hand past 12 twice in order for the date to change. Set the date first and then set the hour and min. For quick set models unscrew the crown and pull it out to the fist click this position you can "quickly" set the date by rotating the crown. Set the date and then pull out the crown to the second position out. Rotate the crown to set the hour and min. Then push the crown back in and screw it down.
SOURCE: I need an owner's manual for a Rolex Oyster
There isn;t any downloadable manuals for Rolex watches, but operation of Rolex Day-Date is very simple:
1) when you unscrew the crown, it is in winding position,
2)
when you pull out the crown to the first click, it is in day and date
setting position (depending wich way you turn the crown).
NOTE: to
adjust the day or date, previously you have to advance hands forward,
passing 12 o'clock (midnight) mark and stop advancing at 4.00 a.m.
using the crown in position as described in chapter 3. When done - push
the crown fully in, then pull out to the first click and only then
adjust the day or date.
3) when you pull the crown further out to the second click, it is in time setting position.
To
find the daytime or night time on the watch: pull out crown to the
second click and advance watch hands forward till you pass the 12 mark
on dial. If the date changes as you pass it - it is the night time
(midnight). If the date do not change as you pass it - it is the
daytime (noon).
After all settings being done, allways screw the crown back down as it protects the watch from water and moisture.
Never use watch in sauna- it's not designed for that.
Do not forget to rate, please.
SOURCE: how do I adjust the date on my Rolex Oyster Date
The stem has 2 settings...the first pull[click] will be for time only. then pul lit harder and it will come out a little farther and you set the day and date.. Christmas or B-Day ...Congratz..
SOURCE: how due i set the date and day on my daytona
You can get user instructions for their web site http://www.rolex.com/en#/rolex-watches .
Click on "collection" and then choose your watch from the list (incidentally, I couldn't find "daytona oyster" but "Daytona" and "Oyster"!).
At the bottom of the page you will find "downloads".
Click on this and then on "user guides".
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