Formating text (BB code formating) + For text display in color, click the color button from the tool bar and provide color=red (for
example).
This text will display in red + All the standard color value will be accepted.
For Image, upload: or your profile picture Upload it to a free image hosting server and link it. I prefer
http://www.imageshack.us because here we can upload multiple images at a time
and there are couple of other options, check out the site.
Here is how to upload
Open
http://www.imageshack.us 
Click browse and chose your image to upload
After upload you will get a window similar to this
get the location like
http://img696.imageshack.us/img696/7628/welcomet.jpg put it in between
image tag from the tool bar and thats it!
Smileys and general text formating Use the tool bar provided for general formating. To format a purticular area, select the text and click on the icon.
