Each query needs a name that will appear in the Query Drawer. The name does not have to be unique, but things can become confusing if many queries have the same name. For each saved query you can also specify what format the results should appear in: as text in the Query Maker, in a spreadsheet or in a Form View.
When you save a query for the first time, you will be prompted to select which folder in the query drawer to save the query in. Queries must be contained in a folder, and the History folder can not be selected as the location to save a query.