What is the meaning of "Discretionary account management" ?

Discretionary account management means you are allowing a third party to manage your account. I would suggest that you not allow a third party to manage your account for you. You should be in charge of your own account and not anyone else. If you are a small retail investor who is looking to make some money, i would suggest invest in foreign currency trading manage funds. Average returns on the funds is about 25 % per-annum. Initial investment is as low as USD1000. For more information, visit www.fxcmmanagefunds.com and www.fxcm.com . Have a good day !.