A detailed analysis of psychological components that influence the preparation of armwrestlers for the competitive process is carried out in this scientific work. The main focus was aimed not only at studying physical exercises that contribute to the development of strength and technical skills, but also on the psychological preparation of athletes before important competitions. Arm wrestling is one of those sports where instant reaction and high physical power are required. So an integrated approach to training, which includes the psychological stability of athletes, plays a critical role in this. During the study 22 arm wrestling trainers were interviewed, who shared their experience in setting up the athletes for upcoming performances. Developing right mental attitude is a central element of training, as it directly affects athletic achievements. The analysis showed that the effectiveness of athletes’ performances is closely related to their psychological preparedness, which is formed during the period of direct preparation for fights. Thus, coaches not only develop physical exercises, but also focus significant efforts on psychological conditioning of athletes, which, in turn, significantly increases their chances to succeed. The importance of psychological training of athletes is shown. In the course of the analysis, the psychological aspects of armwrestlers’ preparation for competitions were revealed. When preparing the scientific work, various sources were involved, including materials from periodical publications devoted to the psychological characteristics of armwrestlers’ preparation for competitions. The study was based on the use of such methodological approaches as analysis, synthesis and systematization of information. The applied research methods provided an opportunity for an objective assessment and analysis of the accumulated data, which, in turn, became the basis for the justified conclusions regarding the psychological aspect of armwrestlers’ preparation for the upcoming competitions.