Step 3

Modify the same tip's settings to create another variation:

Brush Tip Shape

Shape Dynamics

Scattering

Color Dynamics

Step 4

Click the Create new brush icon, and change the Name to Brush 02.

Step 5

This is optional, but it's a cool new feature in Photoshop that will help keep things a bit more organized.

Click the Brush Preset Picker icon in the Options bar, Command-click the icons of the three brush tips you've created for this tutorial (Tinsel Brush, Brush 01, and Brush 02), click the flyout menu icon, and choose New Brush Group.

Name the group Tinsel Brushes, and click OK.