First off, burnouts aren't really recommended. They're not great for your trans.
Technique: Yes, you'll have to use your e-brake to get any real smoke, and yes, you are going to drag your rear tires. There'* too much weight over the drive tires on these cars to lose traction completely.
With the e-brake on, hold the regular brake pedal with your left foot and use your right to rev the motor, just go ahead and floor it, then release the brake. You'll get big smoke, but you'll still drag your back tires across the lot, so don't do it very long, or often.
If you're trying to do a showy burnout/launch from a light, just skip the e-brake and be prepared for major torque steer.