You must be registered and logged in to create your own clip, to download it, or save it to a collection.
This reveals some extra buttons on the Record page. Click the Create a Clip button.
Editing handles will appear and you can select a section of the clip to save. Each time you press Create a Clip you can save a separate clip.
Then click Add Clip to Collections to save your edit. All the clips you have created will be saved as separate clips in your designated collections bin.
You will find the edited clip(s) in your collections in the My Account page, where you can download them to your desktop when you wish.
The Download Media button will download the whole clip directly to your desktop immediately.
The Add Video to Collection button will add the whole original clip to a collection even if you have already selected a section.
You can download your own edited clips from the My Account tab. The clips have to be rendered before download. You can follow their progress in the Orders section and the clips will appear as completed orders when they are ready.