I'm working on a project that calls for a Picot bind off and have an elementary question regarding counting. The Picot bind off directions are:
Bind off 5 stitches, [slip st on right needle back to left needle; CO 1 st using Cable Cast On method, BO 6 sts] ...
My elementary question is this, as I begin to bind off I knit the first stitch, knit the second stitch and then pass the 1st stitch over the 2nd stitch. How many stitches did I just bind off, 1 or 2?
The pattern is a 4x1 rib so I'm assuming that the answer to my question is 2 so that the Picot ends up on the Purl stitch in the rib pattern. Otherwise the Picot ends up 1 stitch past the Purl which just doesn't seem right.
I figure it would be good to know this basic answer since it'll come in handy when making necklines.
(feeling very stupid since I've been knitting for a few years).