I've used Total Boat Halcyon for a desktop, conference table, and two coffee tables this year. On Walnut I went with 5 coats of satin applied with a foam roller. On oak, I started with the manufacturer's suggestion to use gloss and then finish with satin, 4+2 coats. I think on the pine trim work you're doing I'd skip the gloss and just use satin, I've not seen any haze or cloudiness. The product self-levels very well so multiple coats were much easier to apply than I initially expected. It does build and after 4 or so coats you're going to know it's there. I'd shoot for 2-3 coats for trim.
I like the pouches the product comes in and lots of reviews claim it to be a harder finish than others, hence why I used it on table tops. I wouldn't be opposed to just buying a gallon of Minwax Polycrylic from the home center, though. It's a remarkably good product for the price and comes in a flat finish.
I'm trying to get away from the oil-based wipe-on finishes that I find so much easier, and in many cases more interesting to look at, but for a natural look water-based is a clear winner.