Originally Posted by Praguer

A Nested Sequence.

1.- In you original sequence, cut your clip the way you would normally do without any color correction (Sequence A)

2.- Create a new sequence (Let call it sequence B)

3.- From the project window, drag and drop the original sequence (Sequnece A) into the new sequence timeline (Sequence B)

4.- Apply the effect that you want to the video or audio track on the timeline of the new sequence (Sequence B)

5.- That's it :-)