How to fight Mysterio correctly?

I have a question for the experienced people here. It is said that Mysterio is easy with Armor break champs that is all right. But only question is how to avoid his damage getting reflected back at you? I had died many times due to that annoyance either I feel I am not fighting him correctly or I missed something. Thanks for your inputs.
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Sp2 he enters a phase. All attacks you do have a chance to miss.
Just wait for the timers to end after a Special is launched.
Go for sp2. Its safer to dodge and you wont take block damage
Sp2 also gives you powerdrain but that's better than dying.