There are two easy ways to use text effects in Photoshop. These effects can be used to give your text depth, impact and a variety of interesting finishes.
Basic Text Styling
When you select the Text Tool, a series of options appears in the toolbar just beneath the main menu. You can set these options before you start typing, or highlight your text with the mouse and set them later.
When you click the Text tool, a new layer is automatically created in your document. This allows you to create some interesting Adobe Photoshop text effects by pulling up the Blending Options menu under Layer>Layer Style. You don't need to highlight the text to perform these operations, and every change you make will apply to everything on the current layer. Certain effects, such as Blend Mode and Knockout, apply universally if you set more than one effect at once. Blend mode tells Photoshop how to process the light difference between the foreground and the background. Knockout determines the contrast of the effect on the current layer; Shallow makes it lighter while Deep increases the contrast.
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