Want to Buy Torchlight Energy Resources (TRCH) Stock?

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga.

Torchlight Energy Resources TRCH keeps its headquarters in Plano, Texas, focusing on oil drilling that strikes new reserves and turns a profit. Torchlight has an experienced management team and a focus on growth while it enters the oil and gas market as a junior player.

Step 1: Open up a brokerage account.

You can use our list of preferred brokers below before choosing a place to buy and sell stocks. When you create a brokerage account, you must be 18 in most cases, enter your personal information and initiate a funds transfer so you have money to complete a trade. Generally, the brokerage will send micro-deposits to your bank account to verify your identity.

You can also choose between a cash account and a margin account.

Step 2: Select your number of shares. 

Choose the number of shares you want to purchase based on several factors, including:

• Your budget or cash flow
• Market projections
• Current events or corporate news
• The percentage of your portfolio these shares represent
• How much you wish to diversify your portfolio

Step 3: Choose an order type.

At this point, you can choose an order type, including:

• Market order, where you buy and sell shares
• Limit order, tells the brokerage at what price a purchase or sale should occur
• Stop order, includes an order to buy or sell at a certain price to secure profits or prevent losses
• All or none order, helpful because you get all the stocks you requested or none

Additional order types are available, and you may wish to review them with a broker or research your options before buying and/or selling.

Step 4: Execute your trade.

When you use an online brokerage, software, app or website to purchase TRCH stock, the order goes through immediately. You can see the results of your order instantly, and you can continue to another sale or purchase depending on your market strategy.

TRCH History

Before investing in TRCH, you may want to review the history of this stock, scanning its year-to-date movement. As you can see, TRCH has been trending up, even though it’s ebbed and flowed for the past year. In recent months, Torchlight’s stock has been surging, climbing from the realm of penny stocks.

Using Benzinga Pro, you can review YTD performance of Torchlight Energy Resources and other stocks in which you have or wish to invest.

The preceding post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Although the piece is not and should not be construed as editorial content, the sponsored content team works to ensure that any and all information contained within is true and accurate to the best of their knowledge and research. This content is for informational purposes only and not intended to be investing advice.