The video says it all. Some editors think it best to get a feel for the correct point for the In and Out of each clip while the clip is playing. As it is quicker to release a key than press a key, in Final Cut, the In point is set when you release the 'I' key and the Out when you release the 'O' key.
Whether the video is playing forwards or backwards (J key or Shift-space), you can set these points without tapping the keys.
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