Carnelian is said to attract prosperity, new resources, and good luck. It is a talisman for success in any money-making venture.Carnelian promotes positive life choices and encourages action and a willingness to take on challenges. It's believed to offer protection from negative energy, especially in times of uncertainty. It is used for protection against psychic attacks and other types of mental manipulation. It is said that a carnelian can help to increase intuition, psychic awareness, and clarity of thought.