The London outfit are involved in four competitions this season, and despite the likelihood of manager Jose Mourinho rotating his squad, Torres has insisted that the Blues can achieve success when competing for each trophy.
The 29-year-old told the London Evening Standard: "We have a great squad and we have to think positively. The main thing is to go step by step. We can't say we're just going to focus on the Premier League and Champions League.
"We should just think about winning the next game, in winning the next three points, scoring goals, working hard and doing well when we have the chance.
"We want to finish with a trophy. The Premier League would be great, the Champions League even better, both of them massive and a few cups, why not?"
Torres is currently on the sidelines with a knee injury.