after installing magento in my local machine I forgot admin password

Question

after installing magento in my local machine I forgot admin password what I have given. I am not able to login to my admin area how can I reset the password

I have read

Answer 1

This would prove to be a good resource to read: http://www.magentocommerce.com/wiki/recover/resetting-admin-password

SELECT * FROM admin_user;

Then, find the username you want to modify in the listing provided - ‘admin’ in this example. Then, to update the password, type:

UPDATE admin_user SET password=CONCAT(MD5('qXpassword'), ':qX') WHERE username='admin';

‘qX’ would be changed to whatever you want it to be and same goes for ‘password’