This tutorial will teach you how to make a neat ring of light...of what ever you think it looks like ;-P
First of all open a new document, or press Ctrl + O, and use the following settings:
Width: 400 pixels
Height: 370 pixels
Background Contents: White
at first, press D to reset your colours to white and black
Then draw a circle (hold down Shift for a pefectly round circle)

Then apply Filter > Sharpen > Sharpen...There will be a pop-up asking you whether you want to rasterize or not, choose "Yes"
The apply Filter > Distort > Polar Coordinates and choose the Polar to Rectangular option
You'll get something like this:

Then go to Image > Rotate Canvas > 90 degrees CW
The result will be the following:

Then go to Filter > Stylize > Wind, and choose From the Left
You'll get this:

The hit Ctrl + F(apply last filter) twice, to get this effect:

Then turn the canvas back to normal Image > Rotate Canvas > 90 degrees CCW

Now dublicate the layer (Ctrl + J) and aplly the following on the top layer:
Select all(Ctrl + A)
Edit > Transform > Vlip Vertical
You'll have something like this:

Next you'll have to set the Layer Mode to Difference..
You'll get this:

Then merge down (Ctrl + E), and apply the following Filter > Distort > Polar Coordinates and choose Rectangular to Polar
You'll get this:

And as a finishing touch, hit Ctrl + U for colour options, and choose Colorize, and play around to get the desired colour, I got the following

Another one finishing touch is dublicate the layer and set the mode on vivid light, works really nice if you colorized the ring to red or yellow :)
This is my result:

Well...That's about it, if you liked the tutorial or found it in any way usefull, subscribe!!
NOTE: This tutorial is property of MetalDante, its absolutely forbidden to post it on
other sites without mine permission...and if you desperately want this tutorial, contact me at metal.dante@gmail.com
Have a nice day, and some fun :)