How to validate input using javascript

My personal recommendation would be something like this:

<script type="text/javascript">
function validate() {
    return [
        document.form.price,
        document.form.price2,
        document.form.price3,
        document.form.price4,
        document.form.price5
    ].every(validatePrice)
}

function validatePrice(price)
{
    if (price.value.trim() === "") {
        alert("Please enter a price");
        price.focus();
        return false;
    }
    if (price.value !== "") {
        if (! (/^\d*(?:\.\d{0,2})?$/.test(price.value))) {
            alert("Please enter a valid price");
            price.focus();
            return false;
        }
    }
    return true;       
}
</script>

If you do not plan on using jQuery this should work.

function validate() {
    for (var field in document.getElementsByTagName('input')) {
        if (isPriceField(field)) {
            field.value = field.value.trim();
            if (isNaN(parseFloat(field.value))) {
                return alertAndFocus(field, "Please enter a valid price");
            }
        }               
    }

    return true;
}

function isPriceField(field) {
    return (field.name.substr(0, Math.min(5, field.name.length)) === 'price')
}

function alertAndFocus(field, message) {
    alert(message);
    field.focus();
    return false;
}

$('#form input').each(function(){

   console.log('valid',$(this)[0].validity.valid);

});