Mary it appears that you may have stem rot. You can try cleaning out the rot with a melon baller, scraping down to healthy tissue and then treat with a fungicide. Then keep it dry so that it heals over. Watch it carefully to make sure it is not continuing. If needed, you can take stem cuttings and root them to make another plant. When I grew this plant I would keep a layer of gravel over the surface of the medium to about 1" deep...that prevents what you are seeing.
Your leaves look healthy so i would assume the roots are good. Mary, this is a plant that I never watered daily. You never really want the soil more than barely moist.