The number of picks you get in your draft are equal to the maximum number of players allowed per roster minus the number of keepers you have set. If you trade for a pick in a round beyond that of your last allowed pick, you will not be able to exercise the pick.
Thank you for your input...one more question. Currently I stop drafting in the 8th round. If I trade away two of my draft picks in the offseason will I be issued two draft picks at the end of mine...for example will I get a 9th and 10th pick?
If you previously traded for them, yes