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The insert window is where you can insert any type of plugins or effects to your tracks.
You can put up to five inserts on each track. You could also bus things out to add more
things to those, auxiliary tracks that you bus those tracks too. When you come to your
edit window, if it's not showing, you can go to this icon to the top left and click
inserts view. Once you have the inserts view, you click on maybe the first one and it will
show you a list of your plugins. In this case, I have TDM and RTAS plugins. Right now I'm
going to put on an EQ, maybe the seven band EQ. So now everything within this track is
going to be affected by this EQ that I put on. I could also add a compressor if i wanted
to. I may even maximize it.