The whole row is probably:
Row 1- Knit to one before marker, "KFB,SM,KFB, Knit to 1stitch before the next marker repeat between" 2 more times KFB,SM,KFB (8 increases)
You want to increase before and after the marker, as Jan mentioned. This makes the line of raglan increases that you see at each shoulder. The row should have a total of 8 increases when you've finished it.
When a pattern says: repeat between the *, it means go back to the first " and repeat just those steps however many times the pattern calls for. In your pattern that would be KFB, SM, KFB, knit to one stitch before the next marker, repeated twice. Then you go on to the next direction in the row.