The invention relates to a textile slurry, which comprises a monomer mixing liquid, a small material, and process water, wherein the monomer comprises 410 kg of an ethylene-ethyl acrylate copolymer, 44 kg of butyl acrylate, 206 kg of styrene, 40 kg of acrylic acid, 50 kg of methyl methacrylate, and 84-50 kg of methacrylic acid, and the small material comprises 4 kg of an emulsifier, 5 kg of an initiator, 12 kg of a defoamer, 2 kg of an antistatic agent, 15 kg of a penetrant, 70 kg of ammonia water, and 320 kg of alcohol. The invention further discloses a preparation method of the textile slurry. According to the present invention, the slurry belongs to the pure acrylate and copolymerization anionic compound, has good mechanical stability, is suitable for weaving of a variety of high-grade fabrics, especially for water spraying of ultra-fine polyester and nylon fiber silks and sizing with an air-jet loom, and has characteristics of good water-solubility, good permeability, good antistatic property, strong cohesion, silk traction enhancing after silk sizing, abrasion resistance, clear opening, no slurry dropping, easy use, low environmental pollution, and post-finishing plant desizing cost and environmental impact reducing.