We perform high-resolution real-time read-out of the motion of a single trapped and laser-cooled Ba ion. By using an interferometric setup we demonstrate shot-noise limited measurement of thermal oscillations with resolution of 4 times the standard quantum limit. We apply the real-time monitoring for phase control of the ion motion through a feedback loop, suppressing the photon recoil-induced phase diffusion. Due to the spectral narrowing in phase-locked mode, the coherent ion oscillation is measured with resolution of about 0.3 times the standard quantum limit.
