Mine looked like that on the 2nd coat. More coats got it a bit darker. But my problem with LMF was that I couldnt get it as dark as I wanted... maybe a coca-cola color was as dark as I got? I was goin for semi-smooth, milk chocolate color. I tried a buncha things to get it in a humid area. None of that worked.
Finally, sanded it off, went to 180 grit, tried again. Helped a bit, still wouldnt get like some I've seen on here.
So I tried 3 coats in a row, no carding, 12 hours apart. That did it nicely. HEAVY coats too. I know yall say not too, but thats what worked for me. It actually turned green with the heavy coats and not carding. But after about 6 hours, the green went away.
And I used a Q-tip on my Lyman Plains Pistol barrel. I overlapped each stroke, didnt seem to be a problem for me.
Just experiment with heavier/lighter coats, waiting longer between them, maybe a few without carding between, and finally, maybe a heavier grit.