How to do keyword research and how to place them in your website?

People I need your help. I have done keyword research using GKT. But the problem is I have gathered a lot of important keywords/phrases. I don't know when ones are the best because they all are relevant to what I am looking for. Can anyone suggest me an article or a video tutorial for step-by-step keyword research and how to select the best out of them. And lastly I want to know how to put them in meta keywords. By this I mean should I put all of them or some of them and how.

Example: I want to rank for a keyword "buy and sell luxury watches" and it is one of my main keywords.
When in meta_keywords, should I type the whole phrase or write them like " buy luxury, watches, online, sell, luxury watches, sell luxury watches online.

Please help needed asap.

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