Not mandatory; up to the individual. The term usually refers to a discretionary account which is a brokerage account in which the client has given the broker the authority to carry out transactions without checking with the client first.

Use discretionary in a sentence

I liked the discretionary warning before the movie because it gave it a little extra horror that it needed to be great.

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The discretionary choice of the individual was a pivotal decision for the life of the company as we wanted the contract.

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When I placed my yearly bonus with my stock broker, I made clear the money was discretionary and he could invest it how he saw fit.

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discretionary ARM managed account