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Rule of thumb is to choose the strongest fishing magnet that you are capable of throwing 5 meters or more while it's connected to a rope.
As easy as that sounds you also need to consider if you want a single or double-sided fishing magnet, your budget vs magnetic strength and the weight of the magnet.
Budget vs Magnetic Strength
The stronger the magnet the more expensive it is. How far can you stretch your budget?
Single and Double Sided Magnets
A single-sided fishing magnet is where the attachment point of the magnet is on the horizontal top side of the magnet and the horizontal underside of the magnet is the magnetic end.