The invention relates to the field of high molecular materials, and specifically relates to a preparation method of binary acid chain extension modified epoxy resin. The preparation method comprises the following steps: adding epoxy resin and dihydric alcohol into a reactor, enabling the molar ratio of epoxy resin to poly dihydric alcohol to be (2: 1) to (10: 1), heating and stirring, so that themixture is dispersed uniformly, using a hydrochloric acid-acetone method to measure an initial epoxy number, then adding a catalyst, raising the temperature until 110 to 175 DEG C, reacting for 2 to 3h, using the hydrochloric acid-acetone method to measure an epoxy number remaining after the reaction to reach an expected epoxy number, then adding mixed acid compounded with monobasic acid and binary acid into the product, raising the temperature, stirring and mixing uniformly, enabling the molar ratio of monobasic acid to binary acid is (1: 1) to (1: 5), then adding an accelerant, reacting for3 to 5 h at the temperature of 110 to 150 DEG C, and finally obtaining the product being binary acid chain extension modified epoxy resin. The preparation method solves the problem that an existing carbon fiber sizing agent is complex in emulsification technology, unstable in emulsion storage, low in strand bundling after sizing, hardened in strands, low in adhesiveness with matrix resin and thelike.