Step 3: Apply the wick
For the metal handle: Wrap the 2 feet of wick very tightly around the top 3 or 4 inches of the pipe. When you finish wrapping it tuck the last few inches into itself. (Warning: Unless it is wound and tucked extremely tight it will fall off when it is on fire and that is not good for anyone, that is why I recommend a wooden handle) A finishing tough for the metal pipe would be to wrap electrical tape around the base of the handle where you are holding it so you can get a good grip.
For the wooden handle: Wrap the 2 feet of wick very tightly around the top 3 or 4 inches of the dowel. When you finish wrapping take one of the remaining nails and hammer it straight down through the wick into the dowel. Finally put a second nail wherever you feel the wick is least secure, and you are finished.
Now on to igniting the torch.