Again press the "Record" button when you want to stop the recording.
Verdict: The video cutting process of VLC media player is extremely easy to handle that doesn't require any technical skill. But the downside of using VLC to cut the video clips is that the media player records the video frame by frame, so that it's suitable only for small cuts. You must sit and watch the process while VLC is recording in the background. And there might be some quality loss during the recording.
Suggestion: So if you are looking for a more professional and smarter solution to cut your videos with lossless quality, you are suggested to try out Joyoshare Media Cutter, a powerful video and audio splitting tool that helps you cut any video and audio, including MP4, AVI, MPEG, MPG, VOB, RM, ASF, WMV, 3GP, MKV, FLV, MOV, MP3, M4A, M4R, WAV, etc. without re-encode. Besides, it supports a great amount of preset formats and mobile devices, such as Apple iPhone, iPad, Samsung Galaxy S, Note, Nexus, HTC, PS4, Xbox, and so on. In addition, it's also an easy-to-use video joiner that could merge video cuts into one file according to your own needs. Although it's not free, it's provided with 5 full opportunities for you to cut any video and audio for free. You can test it out with the free versions as below.
For more info, please visit the source page:
https://www.joyoshare.com/video-cutting/cut-video-clips-with-vlc.html