I bought a second battery with external charger.
I was wondering, if I charge it and keep it in my wallet, will it keep that charge for a while? I don't think I will be needing both batteries every day, so it may sit dormant in my wallet for a week at a time. Should I still charge it every night or does that hurt it? Should I rotate the batteries?
Certainly protect the copper leads of the battery. You don't want to short it. I would worry about deforming pressure in a wallet, depending on which pocket you carry it in. Also, cooler is better than warmer. The worst place to store a battery is inside a hot car parked in the sun. I would probably keep a spare in a plastic wrapper in an outside pocket.
Rotating the batteries does not seem a bad idea. I have been experimenting with that. (But I do wonder if this might confuse the calibration of the battery meter on the phone, especially if the second battery is non-OEM. That percentage meter is just an estimate, a non-linear calculation based on voltage and temperature sensors.)
For long-term storage of spare batteries, experts recommend keeping them at about 40%. Since the charge dissipates over time, that would mean occasional booster charges. But if the spare is in daily use, long-term storage is not much of a factor. Obviously, you would want such a spare to be full for it to be useful.
In general, I agree with your idea for carrying a spare if you need more juice during the day and are not near a charger. I would prefer that to the high-capacity aftermarket batteries from Seido that many users are waiting for, because those are bound to make the phone a lot thicker. The Epic is already more than thick enough for my taste.