Hi Red,
That may have been me?
I (strongly) suggest to all who ask my opinion that any applied/attached trim pieces (wood on wood) be varnished or otherwise encapsulated to provide moisture protection on all sides and edges.
This means if your trailer has wood sides and you attach wood trim to the sides, all the parts should be sealed well BEFORE attaching them.
If you screw a piece of wood trim to the side of your wood trailer, and then seal or varnish all, there is a very high probability that moisture will get between the pieces.
Once moisture gets between them, it will go into the wood and discolor it under the finish.
Then the finish itself will peel/flake off.
If you choose to glue wood trim to a wood panel, then seal or varnish the works, you MAY be okay if you get 100% coverage of the two mating surfaces.
The glue acting as a sealer/waterproofer.
The caution I would give with that scenario however, is that plywood being a manufactured product, and trim being a natural product, will expend/contract at different rates, which could cause the glue joint to fail allowing water into the wood.
This will have the same effect as clamping two unfinished pieces together, and hoping that water won't penetrate.
Of course you can/could just attach the pieces any way you see fit, then caulk all the joints.
It might work...
However, when the time comes to apply a new coat of varnish/finish to the trailer, all that caulking must first be removed...
Creating wood projects for the home isn't all that difficult with regard to moisture protection, but when you build wood projects that will be exposed to the elements, if proper precautions aren't taken, most will begin to fail very quickly.
When varnish fails, it is rarely a case of "scuffing it up" and applying a fresh coat.
Most often the wood will discolor first, then the varnish will flake and peel.
At that point, the entire project will have to be stripped down past the varnish and stain, the wood sanded to remove the discoloration, and new stain and varnish applied...one heck of a big job!
Rob