Yea, you are wrong :P. In franchise there is scouting, but as for the question... I guess it depends one what you are looking for. I haven't actually completed a full season yet (have been working on my RTBB), but I am looking for a nice power back, so i looked for a bias in strength with junior or senior experience. I also looked at the drills and looked for decent times and reps.
Hope that helps. If you let me know which position you are looking for maybe I could give you an idea of what to look for.