17 Step 17
Command click the “Text” layer to load the selection. Now create a new layer on top and name it “Highlight.” Grab the Elliptical Marquee Tool and use the Arrow keys to move the selection 1 pixel left and 1 pixel up. Fill the selection with white. Move the selection 1 pixel right and 1 pixel down, back to where it was and hit Delete to clear. Apply an Outer Glow Layer Style to the “Highlight” layer using these settings: Blend Mode of Overlay, Opacity at 100%, and Size set to 2 pixels.