A couple of things you may want to check on the TX before you try and bind. Make sure the throttle is all the way down or OFF, also make sure the throttle trim is all the way down as well.

You only have 10 seconds to plug in the heli after turning on the TX, if you are late it won't bind.
That's why I line-up the male & female plugs on the heli with one hand, then on the TX with the other, then push plugs together. You should then hear some beeps, that's the 4in1 arming, several seconds later you should hear 3 more beeps (the rotorhead may twitch during those beeps), that's the ESC arming. The LED on the RX should be a solid red light, that says your ready to fly, if the LED on the RX is still flashing the RX has not binded with the TX, unplug the heli, turn off TX & try again.
Mine gave me some issues the first day I tried binding it as well, you will get it, it's just in the timing.

Shadow