Would someone please define this?

A non-native English speaker asked me the meaning
of 'To beat the market'. I haven't spoken English or
lived in an English speaking environment for so long
now that I couldn't be sure of its meaning.

Would it be,

1. To make money trading year after year.
2. To outperform a market average.
3. To make money on all trades(impossible, I know).
4. To make money on the majority of your trades.
5. None of the above

Thank you for your time helping me with this,
learner

 

2

 

Yes it's is number 2 and I think of "beating the market" as having a one year time span at least.