Assuming the code is:
glLoadIdentity();
glTranslatef(-1.5f,0.0f,-6.0f);
glBegin(GL_TRIANGLES);
glVertex3f( 0.0f, 1.0f, 0.0f);
glVertex3f(-1.0f,-1.0f, 0.0f);
glVertex3f( 1.0f,-1.0f, 0.0f);
glEnd();
glLoadIdentity();
//Drawing another object...
How would I change the code to erase the object? I know that commenting out glTranslatef() will erase the triangle, but is that the formal way to do it?
If you put glClear at the start of the draw function (draw function is usually in a loop) you can simply choose not to redraw the triangle, drawing like that will leave no reference to your triangle.
Also, glTranslatef() wont remove your triangle, glTranslatef() is just a function to move the current matrix (in your case the matrix with your triangle is being moved into the camera view)
glClear()
http://www.khronos.org/opengles/documentation/opengles1_0/html/glClear.html