Correct, red and black to ign battery plug and white to rec ign kill port.
But above all if you don't remember anything remember this. Do a timed flight to establish your batteries flight time. I recommend doing one and recharge and calculate. Then do two flights, recharge, add the first time to the numbers and calculate. You really need a good average to ensure the batteries average flight time ability. That is the only down side to the LiFe batteries, when they run out they are out.