'Record what you hear' problems on Fast Track Audio

OS - Windows XP
Sound card - Fast track M- Audio
Audacity .exe installer

Hi, I’ve downloaded Audacity specifically for recording ‘what you hear’ out of my sound card. I cannot get any sound to record. Any ideas or knowledge about this sound card with Audacity?

Thanks in advance

Ox. x

Have a look at this tutorial from the manual: http://manual.audacityteam.org/o/man/tutorial_recording_audio_playing_on_the_computer.html