re: #1 Overall Pick = the worst

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I have to disagree with you here. In my 10-team league I have the first pick and it guarantees me either DJ or Bell and then a WR (In mocks I've been able to pull Dez, TY, Cooper) and a RB (Fournette, Gurley, Miller).In my standard league this is a massive advantage; last year the difference between the "Elite" WR at 1 and the #10 wr was 50 pts. Whereas the #1 Rb vs #10 130 pts (or 100 pts if you go from #2 to #10).

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The problem here is that you play in a 10 man and this is a 12 man. That adds 4 extra picks before my 2nd pick. It makes a big deal as the draft goes on as well.

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The bigger the league, the less of an advantage the #1 pick becomes, but it's still an advantage. I read before that in on an average team, your first 2 picks constitute about 25% of your scoring over the length of the season and your first 4 picks account for nearly 50%. That means 50% of your production comes from just 25-30% of your picks. This is what leads to the phrase - "you can't win your league in the first few rounds, but you certainly can lose it".

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Exactly my point. By the time my 2nd round pick comes around, all of the fantasy studs will be gone (meaning everyone will have 2 to my 1) and Ill have to reach.

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assuming you could trade draft picks, what kind of trade would you propose?

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Id trade my #1 overall for someone who has a middle to late pick in the order. Id trade for their first and try to get a second, if not then id settle for a 3rd.