Palm reading is often dismissed as a parlor trick or a fortune-teller's cash cow. But palmistry, to use the practice's official term, is actually a very. How to Do a Modern Palm Reading. Palm reading is a very old art. Most palm readers use the same techniques and understanding about the hand that were. You don't have to go to a storefront psychic in order to read your palm. Here are some palm reading techniques to learn the trade of palm.