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There is no steadfast rule that is set in stone but there are RECOMMENDED procedures. Of course there are clearly some binary things we do and do not want to do. When getting oil from the actual bottle- make sure you do not contaminate it. You have no idea how many watchmakers I’ve seen with contaminated bottles that still had 9/10 of the bottle to go. Really you should reclean. I know it sounds extreme but that's the professional thing to do. Your watch? Do as you please. Customer? Do it right. I'm not saying there's no situation where the excess can be safely tidied up, but I wouldn't advocate it.
There are many types of lubrications and each brand will categorize them differently. So I’ll go over the common ones. You don't mention what type of hand setting tools you have, but if the tips of your tools or press runners are plastic, make sure they stay clean and don't get damaged. If they are damaged either repair that damage or replace the tips. Like anything related to watchmaking, care and cleanliness are the keys to good work.
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Plus, if the portion of Rodico used to clean these glass surfaces is never used to clean other objects (like gears/tools, which may have heavier dirt/debris), it can easily be re-used for potentially far longer than the time it would take for a microfiber cloth to get disgusting. FIXODROP EPILAME- Although not an oil or lubricant, I couldn't talk about oils without mentioning Epilame.
Prolong the life of your Rodico by keeping it wrapped up when not in use to prevent from drying out and breaking easily. I always wondered about this. Say you have the main plate all the train and bridges together and oiled to perfection on both sides save for one last cup. You dip your oiler into that cup , everything is looking good for the home stretch. But as you are lifting the oiler out of the cup your fingers have the tiniest spasm. Oh no. Under 20x magnification you can just about make out the tiniest smidge of oil on the rim of that cup. Can barely even see it honestly . Well? What do you do? Leave it as is? Rodico that sombich? Soak it up with pegwood? What would be the proper/non corner cutting approach? Dismantle the whole thing put it through the cycles and try again? Really?MOLYKOTE DX- Greasy paste normally used for setting systems and other high friction areas. Lots of brands for a LONG period of time have used Molykote for their setting systems because of reliability. Molykote wasn't even originally designed for watchmaking use! After all, the REMOVAL of debris/smudges from glass by way of “dabbing” is far superior to the REDISTRIBUTION of such by way of “wiping.”
One big problem with Rodico is most people manipulate it with their bare fingers. So all the oil, dirt, sweat, etc, end up in the Rodico. Then it get's used to "clean" a part, leaving a nice film of skin oil and sweat and who knows what else. If used for cleaning a jewel, the film can promote the oil spreading, like an anti-epilame. If used on a steel part or a dial it could lead to rust or oxidation down the road. If a piece of Rodico is to break off in a small space, dab with a another small piece of Rodico to remove it. Would seem a waste to take everything apart and clean it again, but that may account for the high servicing cost if you go to the manufacturer (usually two or three times more than most independent watchmakers). MOEBIUS 8200-We'll use 8200 for mainsprings (some use it on the setting system for older watches). Generally, we'll clean mainsprings with Solvent H. After which, we'll run a small amount of 8200 onto the entire length of the mainspring itself. 8200 has been a staple in many technical guides. Other brands may have different standard operating procedures so again, this is just a generalization.
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Dab or Wipe Motion? Most of the time a light dabbing motion is all you need and will provide you with residue free cleaning, a rolling or kneading motion may also be used. Where as a wiping or rubbing motion gives you a higher chance of the rodico leaving a slight residue behind, especially in the case of using older Rodico. Try not to scrape the oil pot. Depending on the material of your oil cup, it could transfer small fragments of debris to your watch.