When coding HTML, text is a very straightfoward thing to add and format. In HTML, text can be formatted in much the same way that a typical word processor (such as Word) formats text. You can set bold text and italics. You can change the color of your text with HTML. You can change the alignment of your text (i.e. left, center, right, justified). You can change the font and font size. Pretty much most things you will need to do can be accomplished using HTML.
Actually HTML text usually gets formatted using Cascading Style Sheets (CSS). CSS works together with HTML so that you can change the style or look of your web pages.
HTML Text Editor
The easiest way to see how text is formatted in HTML is to use this free HTML text editor to style your text. This uses a WYSIWYG interface where you simply click the buttons - just like in Word.
HTML Text Codes
Here are some HTML text and font links: