In your natal chart, your Part of Daemon represents how you project matter into spirit – i.e. using material resources to facilitate your spiritual goals. The more you’re pushed in the material world, the more likely you are to turn to your Part of Daemon for in essence, it encompasses your entire life philosophy.
Not surprisingly, your Part of Daemon also represents how you envisage the Divine.
Hence the Part of Daemon is the reverse formula (not simply the reverse location) of your Part of Fortune which, as discussed in an earlier post. 
Water – This Part of Daemon will value emotional contact and emotional bonds. The Divine is present in everyday life, in personal contact, and is emotionally involved. In Cancer, it is going to be more protective and nurturing; in Scorpio, possessive and intense – an Old Testament God – testing and zapping – very demanding and fearing betrayal; and in Pisces more devotional and mystical God is everywhere and all-knowing -devotion breeds God’s love – God is all-consuming.
For example, the Part of Daemon for Jim Jones, an Evangelist cult leader who led over five hundred members of his cult to suicide rather that allow the American authorities to investigate them, had his Part of Daemon at 24 Scorpio. His take on the Divine was a God who was emotionally involved with all his people and rather than allow anyone else to ‘take his people, he sent them directly to God.
Air – This Part of Daemon will value knowledge and intellect. The Divine is thinking, intelligent, has a plan; one finds their Divine through learning. Aquarius is going to endeavor to claim this knowledge; Gemini is going to endeavor to transmit or collect the knowledge; and Libra will want to disseminate the knowledge (fairly) to everyone.
For example, Billy Graham, the charismatic American Evangelist preacher who launched Revivalist campaigns across the US and UK, had his Part of Daemon at 20 Aquarius. He was convinced that people could hear the ‘word of God’ channeled through him.
Fire – This Part of Daemon in this element will value action. God helps those who help themselves! The Divine is forceful, active, instigating and enthusiastic. The Divine inspires and seeks freedom of action. In Aries this will be manifest in direct and independent action – the Divine is found in martial arts or sport. In Leo, the individual can “shine” regal and proud – their version of the Divine being warm, loving, and masculine. In Sagittarius it will be focused more on inspiring themselves and others. Here the Divine is expansive and wants us to learn and philosophize – to live life to our maximum potential.
For example, Joan of Arc, the young French girl who was divinely inspired to fight against the English while at the same time serving as a inspiration to her fellow citizens and troops, had her Part of Daemon at 21 Aries. She is remembered as a saint in armor who fought the enemy in the name of God.
Earth– This Part of Daemon is going to value security and practicality. Take care of yourself and all else follows. The Divine is physically responsible for one’s physical and material well being and will ensure the well-being of all. Taurus will be concerned with the money side (money makes the world go ’round); Capricorn will connect with an institution, such as the Church; and Virgo will focus on service.
The Part of Daemon is the reverse of the Part of Fortune:
These formulae should be interpreted as in this way: compute the longitudes of the Ascendant, Moon and Sun as measured from 0 degrees of Aries. This is done according to the table below.
Let’s say someone has an Ascendant of 17 Cancer, a Moon of 13 Gemini, and a Sun at 4 Libra. An Ascendant of 17 Cancer means a Descendant of 17 Capricorn Since the Sun is between the Ascendant and the Descendant, this is a night birth so we use the night birth formula.
Ascendant 17 Cancer + 90 = 107 Sun 4 Libra + 180 = 184 Moon 13 Gemini + 60 = 73
Daemon = 107- 184 + 73 = – 4. This means the Part of Daemon is 4 degrees ahead of 0 Aries or 26 Pisces.
If the Sun were at 10 Cancer with an Ascendant of 19 Sagittarius and the Moon at 25 Aquarius, the chart would be a day birth so we would use the Day formula.
Ascendant 19+ 240= 259 Moon 25 Aquarius + 300 = 325 Sun 10 Cancer + 90 = 100
Daemon = 259 + 100 – 325 = 31. This gives us a Part of Daemon of 4 Taurus.