Sort of depends what the movement is. With some movements (like the ubiquitous Seiko 7S26) you can wind the hands just past the current time, wait for the second hand to get to 12 and slowly wind the hands back. The backwards winding will stop the second hand, then set the correct time and release when it's time to start.Originally Posted by The Hat
This works best when the watch is not fully wound. If fully wound, you're out of luck.