Slayer, if the knife is close to neutral in balance it is difficult to chop with it in the normal sense because you cannot generate high enough impact energies to allow decent penetration into the wood. The only solutions are as Cesar said hold onto the blade further back (to effectively make it blade heavy) or go as Hoodoo suggested and use a mallet and cut the wood out. I would suggest that you simply buy a better knife. There are lots of them in the 7" range that have enough mass and the required balance to allow a decent ability to chop. The #7 Busse Basic, the Project from Chris Reeves, or the Busse Combat Steel Heart to name a few.
How to chop with them :
Light techniques.
The lightest method is to use a loose grip and rotate your wrist to accelerate the blade. Slightly stronger chopping can be accomplished by using your elbow to provide the force which accelerating your forearm. You use a tight grip and keep your wrist straight. This will allow you to use a large amount of force while keeping your wrist protected from the shock. You can also use a much looser grip and piviot from your wrist, in effect adding the first method as an enhancement. You can move the knife quicker this way but it loses support after impact as well it does not allow smooth progression to the heavier chopping techniques.
Heavy techniques.
Use a firm and secure grip , keep your wrist tight, and use your shoulder to provide the force, your elbow should move just slightly. A step above this is to use your back to provide the force keeping your grip, wrist, elbow and shoulder all relatively tight and twist from the waist using your body weight to chop. The last addition is to come up slightly on one leg and add your falling body weight to the power of your lower back/waist to the chop.
You should be at near 100% on your hits on each of these methods before moving up to the next one as its gets harder to control the hits each time. The more force you are using the more dangerous it is as well. Chopping with your wrist could easily lead to a bad cut or a lost finger, a glance from a waist supported chop will easily shear though your wrist as if it wasn't there.
-Cliff