I have found one thing that really helps is focusing on "turning on your core." Kinda like the previous poster said about using your abs (although, personally, I think that doing ab exercises the night before to the point of soreness would make it more diffiuclt for me...but, to each his own). Anyways, really think about bearing down with your abs - almost like the feeling you get when you sneeze. If you really focus on using your core, it should help you soften and balance. Also, try to keep your horse at a steady gait, not too quick, in order to reduce the bounce.
Oh, and one more thing - I can't atest to it myself, but I have heard that Thinline saddle pads can make it easier for the rider to sit the trot. Obviously, it's more important to work on your own position, but this might give you some extra help.