Hello everyone,
I tried everything that was suggested in your replies.
But still nothing worked, I should have been more clear in my question.
This is what I am trying to accomplish in detail.
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I imported a jpg file (an image) on to the stage.
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Highlighted it, and then tried to apply fade effect on to the image. When I opened the effects panel, having my image highlighted, the panel came up empty.
There are no effects in the panel.
Please help.