That's what I've been doing. For every couple of thousands words I write, I tend to delete just as many or more. The little status bar on my Blaze Rewrite over there to the side? Not so accurate anymore. Subtract about one thousand words and you've got it.
Frustrating to watch the word count fluctuate but I am making progress, so that's good. You just can't tell by word count. And I wrote my one page synopsis yesterday, and with a few minor tweaks I think it's good. Glad to have that mostly out of the way.
My only problem now? I have a good intro, a great ending, some really good middle to end, but I need some work on the next few chapters, specifically chapters 3, 4 and maybe 5. Major work. Ugh.