Please, how do I import titles into final cut pro without loosing blending styles such as drop shadows, strokes, etc. and if you say I should use alpha chanels please let me know step by step how to do it.
You would need to create a merged layer for FCP to read the file. So, Make your PSD file with a Blank layer (to hold the Alpha) and a Merged layer(s) (if you have more than one layer you want to bring in) then in FCP import the PSD. You probably know that it comes in like a Nested Sequence. Then just either copy and past the different Layers into your working sequence or take the Nested sequence. thats it.