One of my favorite writers on guns and hunting is Francis E. Sell. Google his name and you will find that his books can be bought at very cheap prices, well worth the money.
In Advance Hunting on Deer and Elk Trails, Stackpole, 1954 Sell wrote, "Put a man in the game fields over a period of ten autumns, let him take his elk and deer as they come, and usually two things occur. He turns to ammunition having velocities around 2200 to 2600, dropping down to these from those ultra high 3000 feet per second stuff. And he usually goes to maximum bullet weight in his elk or deer rifle -- power within reason." (p. 124)
I agree with old Francis and doeroller on this point. This year I fired at uncharacteristically long ranges (for me) of around 200 yards to take an antelope and a mule deer with 140 gr. 6.5X55 factory ammo at MV a little less than 2600 fps. For elk I used a handload 160 gr. RN at just under 2400. Range on the elk was about 30 yards. In all three cases no tracking was needed. Cup and core gets the job done when velocities are moderate and shots are place properly.