Measure one cup of satin finish paint and two cups of glaze into your mixing paint pot and stir. Now add water a little at a time, stirring well. You want a consistency that's a little runny but still adheres to your brush.
The proper consistency of the glaze mixture is important—it has to be thin enough to allow the base coat to show through.
If you have a large area to cover, you can double or triple the amounts of glaze mixture, but it's easier to work with a small amount at a time and creates less waste.
Brush the glaze on the surface allowing it to collect in the cracks, crevices, and corners. Wait for the glaze to dry a bit—it will begin to dull in appearance. Dampen a piece of lint-free cloth with water and begin wiping off the glaze in long, even strokes, starting at the center and moving out towards the corners. As your cloth becomes too wet, replace it with a fresh new one. You can remove as much or as little glaze as you wish, depending on the effect you're trying to achieve. If you find you've removed too much, just apply more glaze and start again.
For different textures and effects, try using plastic wrap, newspaper and cheesecloth when wiping off glaze. Cheesecloth accentuates the wood grain, while crinkled newspaper and plastic wrap marble the surface. You can use a towel to create a "scratched" effect. Allow the surface to dry completely.
If you want to add even more age and a distressed appearance, try wearing down the surface of the wood with sandpaper, shave sharp edges with a knife or poke "wormholes" into the surface with a nail.