Settinng Transmission

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http://askubuntu.com – I've recently migrated to Linux from Windows and I work on Ubuntu 12.04 LTS. I am trying to preserve my usual habits of Winodws so that I can use Linux more regularly. One of those habits is P2P activity. On Windows, to get the best of my P2P client (uTorrent), I was proceeding as follows: 1 - Set a static IP to my system and 2 - Forward a port Do I need to do the same to make Transmission work at its full capacity? If yes, how to set a static IP in Ubuntu? (hope, its not too complicated for a novice like me) ;) I can manage with forwarding a port unless its a specific process for Linux. (HowTos)