Most chess exchanges involve pieces of similar value — these are called even exchanges. When players trade unequal pieces, it becomes an uneven exchange. For example, if a rook captures a knight and is then recaptured by another piece, one player has traded a 5-point piece for a 3-point piece — losing two points and thus “losing the exchange.”
These are only guidelines — positional factors often outweigh simple arithmetic. For example, an “uneven” rook sacrifice may be justified by active piece play or king attack.
The real art of exchange lies in evaluation. Ask yourself before trading: Is my position improving? Am I increasing my activity or reducing my opponent’s?
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