I have searched and searched but can't get a simple answer to my question. When adding a watermark using lightroom it asks you to name/create the watermark each time it is changed. Because it is very rare the I put the same watermark in the exact same place on every photo I'm finding that I'm ending up with alot of "preset" watermarks. How do I delete these "preset" list of watermarks? Thanks for any help :)
Go to Lightroom/Edit Watermarks. Select the watermark you want to delete from the list. Go back into the drop down menu and down the bottom there should be the option to select the chosen preset.
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I found this link http://scottrussellphotos.com/adobe-photoshop-lightroom-3-how-to-delete-watermark-presets/ which seemed to be useful you've updated from an older version of Lightroom at any point. Hope this helps!!