patience is hard

I've been very active with my 401(k) and IRA... and I know I should not be. I should tweek quarterly at most, yet I monitor ups and downs daily.
I really want to unload the mutual fund I bought back when I thought the world was coming to an end, but I don't want to take a true loss. It's a hedge to keep since I know it once was double or nearly triple its current value, but I really don't want to hold on for another 6 years when I have other options that are growing via dividend and capital gains regardless of what the markets says the mutual fund itself is worth.