Diggs is right: if your server and the computer you usually play on are both behind the router, you absolutely MUST set the server to use a different port from the default. If you set up port forwarding for the Tremulous default port, you won't be able to see any servers on the master server list.
I mean, set the server to use some totally different port like 32000, and do your port forwarding for that port.
Here's why:
Let's say you have a gaming machine with local IP address 192.168.1.10, and your server has local IP address 192.168.1.20. Let's say your server is set to use the default Tremulous port, 30720.
Port forwarding makes any signals coming from the Internet on port 30720 get AUTOMATICALLY sent to your SERVER at 192.168.1.20. Why is this a problem? Well, when your gaming computer talks to the master server (and most Tremulous servers), it sends signals out on port 30720 and the master server sends signals BACK on port 30720. The signals you send out aren't affected, but the signals coming BACK, which are meant for your gaming computer, are routed by the Port Forwarding to your server because they're on port 30720!
So your gaming computer can send signals on port 30720, but it can't receive any signals. Only your server can receive signals on port 30720. As a result, your gaming computer can try to talk to a Tremulous server, but it will never get a reply... because the replies get misdirected to YOUR server because of your port forwarding!
The result? Your master server list will be almost empty, except for a few servers that use non-standard ports.
The solution? Use a non-standard port on your server, preferably one that no one else uses.
Remember this too: whatever port you use for your server, you will NEVER see your server on the master server list if you have port forwarding working. The reason is basically the same as above. In order for you to talk to your own server, you will need to manually make a "Favorites" entry in Tremulous using the local IP address and port of your server; in the above example, it would be 192.168.1.20:32000.