I have a form with some quantity field and a plus and minus sign on each side,
product1
You should use unique id's for all your inputs, e.g. qty1_add, qty1_minus. Then you can attach the click event to these buttons:
qty1_add
qty1_minus
$("#qty1_add").click( function() { $("#qty1").val( parseInt($("#qty1").val()) + 1); }).