The invention relates to a portable warning lamp, which comprises an upper shell, a lower shell, a battery, a circuit mainboard, a rubber sleeve, a battery shrapnel and a tie, wherein the upper shell is arranged in the lower shell, and is connected with the inner sidewall surface of the lower shell in a rotating clamping way; the battery, the circuit mainboard and the battery shrapnel connected with the circuit mainboard are arranged in a combined shell formed by the lower shell and the upper shell; the lower shell and the upper shell are sleeved in the rubber sleeve; fastening pins are symmetrically arranged on the outer wall surface of the lower shell, and are fastened with the tie. The portable warning lamp is tied to a dog chain of a pet dog or a safety traffic patroller through the tie, is convenient to wear and stable and firm in connection, and has a flash illumination function and a good safety warning effect.