Depress brake pedal and engage the roll control solenoid. Release brake pedal and either mash the gas (Automatic) or dump the clutch and mash the gas (Manual).
I've only done one burnout since I got my stang. I used the heel-toe technique and did a short burnout for a few seconds and then rode it out. My first burnout was perfect because, well, I'm awesome
Right before I get my next set of tires, I'm going to do the same thing, only I'm going to start in 2nd gear (it'll be after the PI and cam swap). And after I burn the tires bald, I'm going to rotate them and melt the other two