How to update or reset password in odoo

How to update or reset password in odoo:

Step 1:

           # Goto Python terminal. Or Type ctrl+alt+t .

Step 2:

           # Goto postgres user. 

                     ⇛ sudo su postgres

Step 3:

           #Goto your Database(DB)

                    ⇛ psql database_name

Step 4:

           #Enter a Query 

                     ⇛ select * from res_users;

Step 5:

           # Find Your username from the results and note it down Your  id

           Result:

                     id     bool     username

                     1    |    t      | admin

Step 6:

           #Insert a new query for update password

• Query:update res_users set password="your_new_password" where id=1 (your id) ;