Text checkpoints are  supported for various external 
QuickTest Professional add-ins (purchased separately). 
Refer to your add-in documentation for details.if u r able 
to insert text checkpoint in your webpage..do like this way

1)launch qtp..and then open  web application.this is the 
way of process to recognize objects properly.
2)start recording.switch to insert-> checkpoint--
>textcheckpoint.put the hand icon any webedit or textbox 
field..capture that value..if u want change ur expected 
value change the expectd value in text checkpoint 
properties..i think without having seat licence we can't 
able to put the text checkpoint..if ur able to do this 
above procees..do it.

Hello buddy,

Please try to avoid using Text Checkpoints at any time and 
any where and any application. 

You can give answer just " We should not use text 
checkpoints to test GUI " in web application, but the 
process is 
"1. Keep tool under recording mode
 2. go to menu bar,
 3. Select Insert menu item,
 4. Select Text Check Point
 5. Select particular word or text with hand icon
 6. Click on Ok "