Haematite (sometimes spelt as Hematite or Hemetite) is primarily a very protective and grounding stone, excellent for people who feel off with the fairies a lot or have trouble knuckling down to concentrate on something. Very good for people who are hyperactive as it grounds the energy coursing through them.
It is good for absorbing negative energy and is said to calm and sooth through times of anxiety or stress.
Haematite is said to be the stone of attraction, so if you are having a bad hair day or just feeling a bit flat, wear/carry a piece of this and it is said to bring out your confidence and draw admirers to you!
Haematite is good to carry when in need of balance, or when having difficulty focusing energies. Meditation with Haematite can help ground higher energies.