I was told that the hardware-store lacquer thinner is not the same as a branded thinner for thinning auto paints. From the results I got from my tests, I have to agree with that. The generic thinners dry too fast for paint application, resulting in a very grainy surface. All paint-grade thinners have a "temperature" rating, so that the retarder mixed into it is calibrated correctly (the higher the shop temperature, the slower the thinner must be)
Unless you paint in a very cold (60 F) or very hot (90 F) environment, a medium temp thinner is what you need. Note that you can buy these in a professional auto-paint store only, or perhaps in an Autozone if you are lucky (look for the temperature rating, if there is none on the can, then it is not meant to be used for spraying paint, it is for cleaning purposes only)