Reverse wrote on 07/26/10 at 04:21:21:
Does anyone know of any material that covers the subject of when to exchange pieces?
Well, there's the obvious rules of thumb:
1. When ahead, trade pieces, not pawns.
2. When behind, trade pawns, not pieces.
3. When attacking, avoid trades, because you want as many pieces as possible putting pressure on the enemy position.
4. When defending, trade off the opponent's attacking pieces.
5. When cramped, trading pieces will give your remaining pieces some space.
The rest is details. Most Chess books will cover specific scenarios where exchanges are good or bad for one side or the other. Play a lot, read a lot, examine your games with stronger players, and you'll eventually get a feel for it, as with any other aspect of the game.