Video Effects are Filters that are applied to Movie's Selected Sequences or Incrustation Effects.

Go thru the steps of selecting a sequence in the Movie (As explained at the end of the Introduction Chapter), select an Effect and press the "Apply Effect on Movie" button. Some Effects need both a Clip and a Movie to be opened.

Let's cover the Effects one by one: (The Effects marked in RED require both a Clip and a Movie to be opened, and a Start Point to be set in the Clip.)