A person who is psychic has the ability to perceive things hidden from the senses through means of extra-sensory perception through their psychic readings. Sometimes we want just don't want to see things as they are. Some things however elude themselves from us, which is why in these cases a psychic reading can help you understand certain things and problems. The word "psychic" is a term that describes a person who can "sense" on a purely material level, but is not able to "tune in" to the ... spirit world which is what a medium does. A psychic will be an intuitive and empathy and be able to link to you and your immediate issues.
All mediums are psychic but not all psychics are mediums. A psychic will use tools that can be used in conjunction with their natural ability, for example, tarot cards, runes, palm-reading etc to calculate the future events and give probable forecasts. A psychic, sometimes called a fortune teller, has the ability to see a place or events in the past, future or present from a distance and is able to interpret their meanings due to their heightened psychic development.