After a while, you can stop tracking line by line, but just scan a page by moving your finger diagonally across a text. After doing this for a while, you can skip using your finger all together, and glance over texts to get the main idea.
I have been doing this for over 2 decades, and can glimpse at contracts for peculiarities by glazing over a page, or go through books taking only a few seconds per page if I'm in 'scanning' mode.
It's a nice party trick as well ;).
(Note that reading contracts for the first time like this are good for a first review and general flow, but you miss a lot of details, so you need to do a proper review later on.)
I tend to take a little longer when I'm actually reading a text thoroughly, although I prefer to read texts really fast and re-read them after a while when they are interesting or need more attention.
IME not all texts are readable like that; some text is very information-dense and it gets really hard to keep track of the context if you try to speed-read it.
On a side note, glancing over code/search results might have contributed bigtime to this skill as well.
The biggest "disadvantage" is that - when on holiday - I need a gazillion books, because it takes me at most 2 or 3 days to get through a single book...