You can create a custom style and save it as a preset, which is then available from the Styles palette. You can save preset styles in a library and load or remove them from the Styles palette as you need them.
Click an empty area of the Styles palette.
Press Alt (Windows) or Option (Mac OS), and click the New Item button at the bottom of the Styles palette.
Choose New Style from the Styles palette menu.
Choose Layer > Layer Style > Blending Options, and click New Style in the Layer Style dialog box.
Double-click a style in the Styles palette. If the Styles palette is set to display styles as thumbnails, enter a new name in the dialog box, and click OK. Otherwise, type a new name directly in the Styles palette, and press Enter (Windows) or Return (Mac OS).
Select a style in the Styles area of the Layer Styles dialog box. Then choose Rename Style from the pop‑up menu, enter a new name, and click OK.
When using a shape or pen tool, select a style from the Layer Style pop‑up palette in the options bar. Then choose Rename Style from the pop‑up palette menu.
Drag a style to the Delete icon at
the bottom of the Styles palette.
Press Alt (Windows) or Option (Mac OS), and click the layer style in the Styles palette.
Select a style in the Styles area of the Layer Styles dialog box. (See Apply preset styles.) Then choose Delete Style from the pop‑up menu.
When using a shape or pen tool, select a style from the Layer Style pop‑up palette in the options bar. Then choose Delete Style from the pop‑up palette menu.