1. First of all open new document of Custom size 400x400 pixels Resolution 72 and Mode RGB Color as shown below
2. Now select these
colors for Foreground and Background and fill by the Press Alt+Backspace
3. Now select Text Tool
and write words as shown below
4. Now Go to Left Bottom of Layer Palette and click on sign 'f ' which is indicating by finger sign as shown below
5. Now select Drop Shadow and use the following settings
6. Now select Inner Shadow and use the following settings
7. Now select Outer Glow and apply the following settings
8. Now select Bevel & Emboss and apply the following settings
9. Now select Texture and use the following settings
10. Now select Satin and use the following settings
11. Now select Color Overlay and use the following settings
12. After used the above setting your text will be look as shown below
13. Now go to Filter>Distort>Twirl and apply the following settings
14. Now your Text will be look as shown below
15. Now select Marquee Tool
and press Ctrl+T and increase the size of the words as shown below
16. Now select Background Layer as shown below
17. Now select white color for Foreground and Press Alt+Backspace
18. At last, all settings have been completed and your Text will be look as shown below
More Tutorials: 
