Lame Duck is a Buzzword which describes the sad plight of an individual who defaults in the discharge of his stock market related commitments. Like a lame duch of the real life, such a person becomes lame financially! Such a position may arise on account of a variety of reasons like a Crash, rash investing, plain bad luck, Over-Trading beyond one's capacity. An individual turning into a Lame Duck is really a sad thing but a possibility and one should always take precautionary and prudential measures to avoid being turning into a Lame Duck. It will destroy one's credit report and reputation.