The invention relates to the technical field of bobbin winders, in particular to a method for preparing mixed-color single yarns and a device for implementing the method, and aims to solve the problems that the conventional mixed-color single yarn product has a monotonous color, fibers of single-color yarns are not blended, and plied yarns are simply twisted. The method is characterized by comprising the following steps of: selecting the single-color yarns according to the color design requirement, wetting the single-color yarns in a water tank, untwisting each strand of single-color yarns, performing pressing multi-strand mixing drafting, and twisting to form a strand of mixed-color single yarns. Industrial automatic production is easy to implement, the mixed-color single yarn product has abundant colors, a braided fabric is high in third dimension and personality and has a unique style, and the method is suitable for preparing the mixed-color single yarns made of various materials such as flax, cotton, fibers and silk.