I also don't understand the difference between binary and BCD. I thought that was the same thing.
That's it.
BCD is a form of binary that is limited to ten counts and represented by 4 binary positions (1,2,4,8). A BCD counter will have internal gates that detect the tenth count and strap back to reset the chip and start counting again from zero. A BINARY counter (the one you have) does not have the internal gate arrangement and simply ripples through all 16 possible states that can be represented by 4 bits.