Step One

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Create a new document, use a white background and the text white (Yes white) Now write your name or anything else.

Step Two

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Now go into your blending options view and use the default settings for Drop shadow

 

Step Three

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Still in the blending options area, select inner glow and enter these settings.

Step Four

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Go into the inner shadow section and use these settings

Step Five

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Now go into the gradient overlay section and use these settings

Step Six

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Now go into the stroke options to finish this effect off







































Final Result

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