Either edge of trim is painted with body color, and is where caulking is applied at most 90 degree angles. Painting trim only, cannot feasibly include caulking, as this fails and opens up over time. Most homes need new caulking when painting the exterior, and a close inspection can determine.
If you are grappling with the problem of choosing a woodwork colour to go with neutral walls, check out Architectural Colours by David Oliver, the founder of Paint & Paper Library. He arranged his off-whites for ceilings, cornices, walls and woodwork in chromatical groups and the concept has been so well received that chromatically arranged colours, such as soft greys, greens and pinks, have been introduced.
Remember this simple rule when thinking about Warm or Cool: Warm individuals have red or gold highlights in their hair. Cool individuals have no red or gold highlights in their hair. That is true for girls and women of all ages. Whether you color your hair, use the color you have now as the basis to determine whether you are Warm or Cool. Congratulations! You are half way towards determining your Season.
Once the drywall compound/spackle has had sufficient time to dry, you will need to lightly sand the surface of the repair to smooth out any ridges that may have been caused while "coating" the patch. Once you have the surface sanded smooth, take a wet sponge or cloth and, by lightly washing/rubbing, blend the outside edge of the drywall compound/spackle back into the wall. For a smaller repair, you can wash away the excess drywall compound, leaving only the compound/spackle only in the area where the indent was filled. For a larger hole, after filling, sanding and using a wet sponge to blend the outside edge of the compound back into the wall, it may be necessary to texture the area in order to give the smooth patch the appearance of the existing wall.
Alkyd is an old interior paint made newly popular by a change in solvent - a super-refined petroleum chemical that has almost no odor. It is not a water paint. You thin it and clean brushes with mineral spirits or turpentine, or, if you want to retain the odorless feature, with the new odorless solvent. (Ask the paint-store man for just that, odorless solvent).
Try before you buy Colour cards are fine for making an initial selection but you will want to see a true paint sample in situ before committing. Tester pots vary in price from £1 to £4. Paint onto a sheet of paper that you can move around the room to enable you to see the colour in different light conditions. The effect varies greatly. The window wall can seem dark while the wall opposite will be flooded with light. And of course there is a dramatic difference between natural and artificial light. Finally paint a patch directly onto the wall to gauge the colour, coverage and the final finish.
Gloss - These paints have a high sheen level and are usually used on woodwork.