Abstract: A method for preparation of a magnetic liquid metal includes: 1) placing A parts by weight of a liquid metal in a container; 2) placing B parts by weight of a metal powder in the container; 3) adding an acidic solution into the container until the liquid metal and the metal powder are submerged; 4) stirring until the liquid metal and the metal powder are sufficiently mixed; and 5) adding water for cleaning the acidic solution, and to obtain the magnetic liquid metal by removing the acidic solution. The viscosity and stiffness of the prepared magnetic liquid metal can quickly respond to the stimulus from an applied magnetic field, and a reversible change from liquid to semisolid or solid exists. With a change in magnetic field strengths, the Young's modulus can be regulated in a range from the level of kPa to the level of MPa.