You are not making a mistake. The key idea to understand here is currying – that a Haskell function of two arguments can be seen in two ways. The first is as simply a function of two arguments. If you have, for example, (+), this is usually seen as taking two arguments and adding them. The other way to see it is as a addition machine producer. (+) is a function that takes a number, say x, and makes a function that will add x.
(+) x = \y -> x + y
(+) x y = (\y -> x + y) y = x + y
When dealing with monads, sometimes it is probably better, as ephemient mentioned above, to think of =<<, the flipped version of >>=. There are two ways to look at this:
(=<<) :: (a -> m b) -> m a -> m b
which is a function of two arguments, and
(=<<) :: (a -> m b) -> (m a -> m b)
which transforms the input function to an easily composed version as the article mentioned. These are equivalent just like (+) as I explained before.