Cursor position on a character in a text field

Hi ,

I have textfield and a custom curso movie clip on a parent movie clip. Now I need to move the cursor the characters on the textfiled ,whenever there is righ of left movement. It is similar to the movement of the cursor on the webpages or the login textboxes.

I’m trying to find a solution for placing the cursor movie clip on the particular character, but could not.

Can any one provide me any suggestion or solutions for this problem ?