To expand on what Chris said…
You have two different ways that you can do it. From what you said, they probably will come out to be about the same for you because you don’t have over 10 entries per month. But here they are.
Method 1: monthly with minimum
Set “Show entries by current month?” to “yes”
Set “Pad by this many entries” to “10”
Your home page will then show all of the entries for the current month, and if necessary enough entries from the previous month(s) to show 10 entries.
Method 2: fixed number
Set “Show entries by current month?” to “no”
Set “Entries per page” to “10”
Set “Display entries by?” to “number”
Your home page will always show the most recent 10 entries, regardless of what month they were posted.
The difference
With Method 2 you always have exactly 10 entries on the home page, unless you haven’t made 10 entries since the beginning.
With Method 1 you may have more than 10 entries if you made more than 10 during the current month, because it will show all entries for the current month. Also, this method also will not show the “next page” and “previous page” links at the bottom of the page; use the monthly archive links to navigate to a different month.
If you have multiple weblogs (pMachine Pro), each weblog can use a different technique if you want.