How should I assemble a squad in Draft Mode?

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FIFA 16 introduced a new tournament style game mode within the Ultimate Team mode.
You must select a formation from a random subset of formations before choosing from a range of players in each position, and then finally a manager. Of course, I can let the game automatically fill in each position without any intervention.
What factors should I consider when making such choices?
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THE DRAFT MODE IS A MAJOR W IN NBA 2K22 MyTEAM BESIDES FOR THE ACTUAL DRAFT! HOW CAN IT BE IMPROVED?
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