We'll begin this tutorial, by creating a new canvas with a size of 300 x 2500 pixels. Now hit "X" then "D" on your keyboard to make the foreground black and background white. Next select the text tool and choose the text you wish to work with. I chose "Ghettout" as text at a size of 110.
Now that you have your text, you can now right click on the text layer and select, "Blending Options...". Now click on "Drop Shadow".
Do not click OK yet... still more to do.
Now select, "Bevel and Emboss".
Go ahead and adjust the graph so it is the same as mine.
Click OK
Now click on "Color Overlay".
You may now click "OK"
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