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My friend is involved in trading, so he can make a lot of money in just a few hours, but he won't tell me how. I understand that this type of trading does not require additional knowledge and that you bet on whether the price will rise or fall. Please tell me the name of this type of trading and what is required to begin trading in the same manner.

Hello, it seems that I understand what is at stake, this is binary options trading. It is very similar because a binary option is a digital contract, the subject of which is a forecast of the direction of the price of an asset in a selected period, if the forecast is not justified, the second party loses an amount equal to the value of the option, that's what I'll tell you, pay attention to eoption reviews, register with this broker, and make sure your friend uses this type of trading.