How can you put effects on your text in Photoshop?
Create a text layer, type out your text, then click the
checkmark to confirm you're finished writing. Then double-click to
the right of the layer name to open up the Layer Style window from
which you can apply various effects. You can also apply other
effects to your text by using Filters from the Filter menu, but you
will first need to rastarize the layer. You can rastarize a layer
by right clicking on it in the Layers pallate, then selecting
rastarize from the pop-up menu; photoshop should also ask you if
you want to rastarize the layer if you try to apply a filter to a
layer that hasn't been rastarized yet. Make sure your text is
exactly as you want it or create a duplicate layer before
rastarizing. Once you rastarize the layer, you will no longer be
able to change the spelling or wording with the text tool.