You can delete streams that you have delete rights to.
Warning: Do not delete the Monitoring apps stream. If the stream is deleted, it is irrevocably gone. (RootAdmins, ContentAdmins, and SecurityAdmins can delete the stream.)
Do the following:
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Select Streams on the QMC start page or from the StartS drop-down menu to display the overview.
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Select the streams that you want to delete.
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Click Delete in the action bar.
A Delete dialog is displayed.
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Click OK.