In this tutorial, I'm going to show you how to make dynamic text like this.
Step 1: First, select your font and wording. For the purpose of the tutorial, I'm writing my own username. I'm currently using Porcelain at 172pt on a 72dpi,
Step 2: Duplicate your layer and then hide it, because you will need it later. Select the first layer again.
Step 3: Open up the blending options;
+ Give the layer a pattern overlay. By default it should be the blue bubbles pattern. Just leave it as that, but feel free to tinker with the scaling so that it looks less like bubbles.
+ Give the layer a colour overlay: Set the blend mode to "Colour" and use the colour #e4c164 to make the layer appear golden.
+ Give the layer a bevel emboss: set the sizes both to 0, then set the highlight mode to Linear Dodge and the shadow mode to Linear Burn. The Highlight colour should then be set to #e4c164 and the shadow colour to #b46907
This is what your text should currently look like
Step 4: Right click on this layer and click "Rasterize type". This will make the layer no longer typeable, so make sure you're done with it! Then, you'll have to duplicate this layer, hide ALL the other layers (including the background) and merge the two visible layers together, so that the settings become part of the layer, but no longer alterable (this is important for step 7)
Step 5: Go unhide that second layer I had you make earlier. Make sure it's visible, and ALL ONE SOLID COLOUR, and then rasterize that..
Step 6: Now that the layer is rasterized, you should be able to select large chunks of the text at a time.
Re-hide the layer again and go back to the main text layer with all your layer add-ons on it.
Step 7: Get yourself a really nice brush, set it as the same colour the text should be (#e4c164) and then set the brushe to Linear Dodge. Do the same this with the other colour for the text (#b46907) Only this time set the brush to Linear Burn)
Step 8: (Repeat step 7 as necessary. As you can see, all my text didn't select in one go.)
Step 9: Take that top solid layer, and open up the blending options for it.
+ Set the Fill Opacity to 0.
+ Give the layer an Inner Glow. Just leave the default settings, they're fine.
Step 10: When you're done with that, you'll have to hide the background again, and then merge all visible layers together. Bring back the BG when you're done, and you should have something that looks like this.
Step 11: Now, if you like gold text, you can leave it the way it is. It's a little too bling-bling for my tastes, so I'm going to add some colour filters to tone it down.
Go to the newly finished layer, open the blending options, and select "Gradient Overlay" set the gradient mode to Colour, the opacity to 30%, the angle to 0 degreeds, and the colours for the gradient I'm using are #fc66cf & #4fa8ff
Here is my finished product:
Now you know, you can throw some brushes behind there and make yourself a cute boxer header or something like that, it's up to you. Here's my mad crazy example
I just threw a ton of brushes together and hoped for the best. Go nuts with it!