A stationary exercise device including a base frame, a load carrier unit, and two exercising units, each exercising unit including a first oscillatory arm and a second oscillatory arm respectively pivoted to the base frame, a connecting plate having a front end pivoted to the second oscillatory arm and a rear end, a guide link having a top end fixedly mounted with a hand grip and a bottom end pivoted to the rear end of the connecting plate, the top and bottom ends of the guide link being moved along a respective oval track and the middle part thereof turned on an axis when the stationary exercise device is operated.