Watering every other day seems too often. You should let your soil get pretty dry before watering again. This promotes root growth as the roots follow the water toward the bottom of the pot. You should feed and water only alternatingly. So if you water only on Monday, then feed them on Thursday or Friday and then water only on Monday or Tuesday. Depending on the phase your plant is in and the size of the container and the porosity of your soil, normal watering schedules are every 3-5 days.