If you don't want Read More tag next to the excerpt of every post on the homepage of your WordPress blog, then here is a small trick through which you can easily get rid of it. Clicking "Read More" or the title of the post takes you to the page where you can read more detail of the respective post.

How To Remove Read More Tag From Your WP-Homepage
Use FTP and navigate to wp-includes->post-template.php. If you don't know how to use FTP, follow this guide to use FTP in Windows and Ubuntu
Open post-template.php with a Notepad and find the following line of code
$output .= apply_filters( 'the_content_more_link', ' <a href="' . get_permalink() . "#more-$id\" class=\"more-link\">$more_link_text</a>", $more_link_text );
All you have to do is to comment the above line by placing // before it as shown below
//$output .= apply_filters( 'the_content_more_link', ' <a href="' . get_permalink() . "#more-$id\" class=\"more-link\">$more_link_text</a>", $more_link_text );
Save the file and replace it with the original one.
Ur done... :)
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This is a very bad solution because at next Wp upgrade you'll loose this change.
This Tips doesn't good, because this tips must edit WordPress Core Files :(
If your theme doesn't support this option, then you have got no other option. See jaxov.com homepage, we already did that without any prob...