One precaution: You can't paint with it in cold weather. The chemical reaction that transforms the water solution into a durable finish will not take place if the temperature is below 50°. (Conventional oil paints don't stick well in cold weather, either.)
By far, the most important characteristic in determining whether you are Warm or Cool is your hair color. If you can't determine your exact eye or skin tone, then your hair color will provide the answer. Why? It frames your face!
Are the contours rough or concealed?
Technical advancements are constantly being made to improve the life span, durability, wear and performance of exterior paints. The Akrylatfarg range at Ray Munn, for example, is an environmentally sound water-based option.
At a minimum you want to remove all the chrome from the car. Take off both front and rear bumpers. If your Mustang has bumperettes that are body color be sure to bring them along so they can get sprayed at the same time as the rest of the car. Remove all rocker, hood and trunk molding. Same for wheel well molding and all emblems. This would be a good time to order some new emblems and attachment hardware. Also spend some time cleaning up all the chrome with #0000 steel wool. Nothing looks worse on a fresh paint job then faded emblems and corroded, cloudy chrome.
COMPLIMENTARY COLORS. These are colors that are opposite from one another on the color wheel. Red and green, blue and orange, yellow and violet, are examples of complimentary colors. Complimentary colors are colors of extreme contrast. When used together in a painting, they can produce brilliant vibrant images.
Another idea keeping Paint Brush moist until the next paint coat is applied (but not leaving for extended periods) is leaving Brush in container, wrapping top with plastic, sticking handle out the top, and taping around the can. This resembles the Maxwell House Coffee Container mentioned earlier. If plastic and masking tape is still not available, and time between coats is not very long, take that sopping wet rag, draping over the top of paint bucket with Paint Brush still in it. This technique works best when using Latex waterborne paints.