Below i will show you how to create a nice text affect!
I suggest you use the font i have used , BnfontBOY you can download it by clicking here
Step 1. First of all create a new document where your text is going to go!
Step 2. Make your text as big as you want it , and then to Layer > Layer Style > Stroke , And create A stroke using these setting below! Click the image for better screenshot of the settings
Step 3. Then Go to Drop Shadow And Use These Settings Below : Click picutre below , for a better screenshot view!
Step 4. Now go to Outer glow , And then inner Glow , And use the default Settings!
Then you are finished here is the result below!

10 Random Photoshop Text Effects :
10 Random TutorialKit Materials:












More Photoshop: