How to maintain conviction to remain a long term investor rather than succumb to temptation of constant ups and downs of the market and become a short term trader?

Buy the dip. To average out your stock price. Of course, assuming the company's fundamentals and reports are great and the dive is only a temporary

I find the easiest is to continue keeping your mind & body busy. Be it, family, work, hobbies or just own "me" time.

The market keeps gyrating, with or without your anxiety. As long as due diligence made with the correct fundamental, let time in the market do the extra lifting.

Because you follow your stocks as price actions. Change your mindset from pricing papers to business ownerships. What the market says about the value of the stock does not equate to the true value of the business in the future.

TSLA drop 30% from ATH and I keep buying on a monthly basis because it is a matter of "when" it becomes a multi-trillion dollar company.

​

Conviction comes from how well you understand the business fundamentals and its financial positions, if you feel like selling when "price" drops then its clear you didnt study well enough to be confident in holding.

Turn off all notifications and stop looking at prices everyday,

This is all assuming you have done your DD and have high conviction in your picks