Is it a good idea to check my weight every day when I'm on a diet?

I step on the scale every morning.
Even if the numbers go up just a little in a day, my mood sinks completely.

If your weight has increased even though you didn't eat much the day before
I've been worried all day wondering if I made a mistake with my diet.

So now I'm thinking of checking on a weekly basis instead of every day.

Has anyone tried reducing the frequency of weighing themselves because they were stressed about the numbers on the scale?