Learn how to make a transparent text effect with this example.
New File: Take a new file with white background.
Text Formatting: Choose Horizontal type mask tool (T key) and make formatting as looking here.
Write Text: Now write your text as you like. I have written here "Text". After writing text make copy (Ctr +C) and past (Ctr + V).
Drop Shadow: Go to Layer Menu > Layer Style >Apply Drop Shadow as I have done here.
You will get it.
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