The present invention relates to a preparation method of a safe firing cable of firecrackers. In the method, yarn is used as a carrier to infuse the following medicines, which are used raw materials, according to the following steps. The medicines comprise potassium perchlorate, potassium terephthalic acid, ammonium dichromate, polyethylene alcohol, moisture resistant agent, charcoal and sulfur. The method has the following steps: the potassium perchlorate, the potassium terephthalic acid, the ammonium dichromate, the charcoal, the sulfur and the polyethylene alcohol are arranged in a container according to the weight ratio; water with a certain proportion is added into the container; the mixture is stirred so that the medicines can be dissolved in the water; then the moisture resistant agent is added; and the mixture is mixed well; the yarn is infused in the container, taken out and then sent to a drying device to be dried; thus the safe firing cable can be prepared. In the method, the yarn is used as the carrier to infuse the medicines of the firing cable; the production is simple; the amount of the medicines is reduced; the method is safe; and the cost is reduced. The application of the potassium perchlorate has the advantages of low oxygen content, low decomposition temperature, excellent stability and low sensitivity. Thus the application of the potassium perchlorate is superior to the application of potassium chlorate. The firing cable solves the problems of storage, transportation and insecurity in use.