When kept as a talisman, a horseshoe is said to bring good luck.
Some believe that to hang it with the ends pointing upwards is good luck as it acts as a storage container of sorts for any good luck that happens to be floating by, whereas to hang it with the ends pointing down, is bad luck as all the good luck will fall out. Others believe that the horseshoe should be hung the other way (with the ends pointing down), as it will then release its luck to the people around it. A stylized variation of the horseshoe is used for a popular throwing game, horseshoes.
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Category: Good Luck Charms/Symbols.