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Hi! Yes, this is definitely the right place to askÂ
 I think the reason you're missing it is because you don't need to click on either of the Edit buttons---it's actually on the main Profile page itself.Â
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To edit your signature, please follow the directions below from our FAQ:
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Where is my forum signature?
Members may post up to three lines of text in their signature file. To edit your forum signature, navigate to your "My Profile" link which is located at the top of the page. (alternately, you can reach your Profile by clicking on your bolded username up at the top right  next to logout and under the Mothering Magazine image). Scroll down your Profile page. Below your image gallery, you will see a section called "Your Forum Signature." Below that is the "Edit Signature" button. Click here, format your signature (text, bolding and italics only), and click save. A new member's signature becomes viewable after 7 days of participation and 10 posts.
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Below is a copy of my Profile page so you can see the text/colors to look for when you're in your own page:Â
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Click the Edit Signature Text link, and you should be good to go. Please let me know if you need any further assistance!Â