AKA Pro Ice Fisherman is correct but I'm not actually live cutting by definition. Don't know a lot of definition, just what works for me.
I lightly chuck the shaft with paper in my front jaw and torque down on the shaft with silicon rubber inside the back jaw. This way no dents. I'm using a 60º live center in my front tailstock with a small brass button that has a matching 60º point in front of it. With the shaft held tight, I come in hard with the tailstock putting pressure on the tip. The brass tool spins with the lathe allowing me to keep pressure on the tip while cutting it. No pressure on the glue joint that way. I recut the front end of a tip to eliminate the wobble if it's pre shaped, or to start the radius if it's a layered. Doesn't matter if it's layered or not. I do this on all my installs. The wobble on pre shaped tips is magnified when you install it if I don't do this. I finish with a razor to flush. Don't want to touch the ferrule with my cutter. Then shape.
Might be kinda overkill but this works for me.
I love this idea. Makes perfect sense. I have a concave live center that I basically just use to center the tip and wipe away the excess glue. But I have to take this away once its dry to cut the sides of the tip. Supporting the tip as you describe is a very smart thing to do.
A Harbor Freight store just opened up the street for me. I needed some fresh tools anyway, maybe I'll grab one of those live centers like you have.
Thanks for the tip, so to speak lol!
KMRUNOUT