I can tell you what brand of strings not to use, based on experience.
1.) Ernie ball - stretch like crazy, never stay in tune.
2.) Fender - The number of times these bastards break is just rediculous. It was almost like clockwork to expect a string to break every Monday night for a number of weeks there.
3.) If you're playing acoustic, Martin is ok, but they loose their pizazz kinda quick, and sometimes break even when they're new.
Now the strap. It kinda sounds like you might be using an acoustic. Usually, there is only one knob at the bottom, and the other end of the strap you tie to the headstock with some kind of string. I personally found that to be quite annoying and sometimes painful to the shoulder, so I took mine to a local guitar shop and had them install a knob. If the guitar came with a knob for the other end, it will be either on the back of the guitar around where the neck connects to the body, on the piece of the neck that extends down against the body, or in a similar location as a standard strat. Any one of the three locations below.