Which Way Should You Hang a Horseshoe for Good Luck?
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Individuals who are interested in hanging a horseshoe in their home or office should ensure this talisman’s ability to bestow good luck by hanging the shoe with its open side up, as in an upright letter U. The conventional wisdom is that this type of hanging allows the luck to collect in the horseshoe’s bend, keeping it from falling away.
Those who would prefer to hand out luck rather than hold onto it can hang the horseshoe upside-down over a doorway, as in a lower-case letter N. This is to allow the luck from the shoe to sprinkle down on those who pass through the door’s threshold.