What are Binary Options

I am writing this informative article for people that don’t know what are binary options.

So binary options is a new trend of trading forex in the last 3-4 years. If you know what is forex about you can understand easily what they are.

Forex -> (Foreign Exchange market (forex, FX, or currency market) is a global decentralized market for the trading of currencies. Ref: Wikipedia)

So when trading forex everything depends on you. You can choose the time to make the trade and time to close the trade. If exchange rate has moved in the direction you predicted then your win amount = Amount Traded multiplied by new exchange rate – exchange rate in the time of trading.

  • Example: You bought 5000 USD and sold EUR at 1.2 (in the time of trading).
  • The exchange rate when you decide to close the trade is 1.3
  • Your profits are 5000USD x (1.3-1.2) = 500 USD

The best thing when trading forex is that you can use broker’s money to trade with. So with a few words this is forex trading.

 

Binary trading for my opinion is like gambling. Most of brokers allowing you to trade binary options have a 60 seconds trade. You decide to open the trade but this trade will autoclose after 60 seconds. If you predicted that for example USD/EUR will go UP you will will around 80% of traded amount in the case USD/EUR will go at least 1 PIP up, and you will lose amount traded if USD/EUR will go down at least 1 PIP. So this is very risky way of tarding.

This trend, or this new way of trading revealed out of nowhere a lot of automatic trading tools predicting the exchange rate. This are called Binary Robots. They give you signals on when to trade in an exact time. There are a lot of scams out there. LOL yes most of them are really scams. I have tested a lot of them and lost all the money invested in their respective brokers. So to make this short read online reviews before taking action and invest in any of this so called “binary robots”

I will show later on this site some of best performing robots/signals software. One of them for sure is Copy Trade Profit and you can read a short review of it in this website: Diversions Blog. Lol they just posted it now.

 

 

Grant Funding Opportunities

The Office of Rural Health Policy (ORHP) is pleased to announce the
release of the FY 2012 Rural Health Care Services Outreach Grant Program
(announcement number: HRSA-12-083). ORHP’s Outreach Program supports
projects that demonstrate effective models of outreach and service
delivery through collaboration, adoption of an evidence-based or
promising practice model, demonstration of health outcomes,
replicability and sustainability. Proposed projects will have an
outcomes-oriented approach that will enhance and sustain the delivery of
effective health care in rural communities by tracking specific health
indicators that will demonstrate the impact of their project at the end
of their grant period. They will be based on evidence-based or promising
practice models in order to avoid “reinventing the wheel” and
demonstrate health status improvement in rural communities. Proposed
Outreach projects can take the framework of an evidence-based or
promising practice model and tailor it to their community’s need and
organization.

Applicants may propose funding for up to three (3) years from May 1,
2012 to April 30, 2015. The maximum award is up to $150,000 per year.
We expect to fund approximately 80 grantees.

*         Link for Funding Opportunity Synopsis :
http://www.grants.gov/search/search.do;jsessionid=CsSPT7yJT4CffVH4xDBvKGX8y7Sv1cGcLHnNG2KvnpnT7T86JvMR!-271650999?oppId=124153&mode=VIEW 

*         Link to apply for Funding Opportunity:
https://apply07.grants.gov/apply/UpdateOffer?id=79450

The deadline to submit an application in grants.gov is November 22,
2011. ORHP strongly recommends that applicants submit their applications
prior to the due date to avoid any technological problems. All
applications have to be submitted electronically in www.grants.gov in here
http://mail.brockclay.com/exchweb/bin/redir.asp?URL=http://www.grants.gov” target=”_blank”>http://www.grants.gov

There will be a technical assistance call on September 29, 2011
(Thursday) at 3:30 PM EST to assist applicants in preparing their
applications.  The toll-free number to call in is 1-888-972-7810.  The
Passcode is Outreach.  Please dial in 10 minutes before call is to
begin.  The leader’s name is Kathryn Umali. Check out our partner website binary boom at binaryboomreview.net

The purpose of the call is to go over the grant guidance, and to provide
any additional or clarifying information that may be necessary regarding
the application process.  There will be a Q&A session at the end of the
call to answer any questions.  While the call is not required, it is
highly recommended that anyone who is interested in applying for the
Outreach Program plan to listen to the call.  It is most useful to the
applicants when the grant guidance is easily accessible during the call
and if questions are written down ahead of time for easy reference.  The
Technical Assistance call will be recorded and available for playback
within one hour of the end of the call and will be available until
November 22, 2011 at 9:59 PM CST. To access the playback, please call:
1-800-229-6331.

For further questions on this funding opportunity, please contact the
program coordinator, Kathryn Umali.