Pretty strange but i have the feeling that the video i captured using Pinnacle Studio won't work with Vegas. Looks like the video stream is locked , can't drag any transitions into it and effects are applied to the whole stream and not the part that i have chosen.
1: open vegas
2: click on new project and select a new project by default
3:Open my video file
4:right-click on the video timeline and put it in the trimmer
finally
5:try to select a transition by dragging it into the timeline but the cursor still lookes like it can't