Answered your wire question in the other thread you started.

I put the ESC up under the battery right in front of the motor. They are both presoldered if you bought the ace one that I got with mine. Other wise solder bullet style connectors on both. You want the females on the hot side so the females go on the esc and the males on the motor, make sure to heat shrink everything, esp the female side, right up to the edge so they dont short out.

Then plug the esc wire into channel 3, if you have Futaba you will have to reverse the throttle channel.

The ESC should come with a book, you have to hook it up to the motor to hear the beeps but basically you have to power it up with the stick at full throttle and that puts it into programming mode, then you set high stick, low stick and several options.