I read that the intersection of $Q$ (the rational numbers) with $[0,2]$ 'in' the $Q$ field is closed and bounded but not compact. Let this set be called $E$.
The reason is that there can be Cauchy sequence in $E$ that can converge to a number in $R$, such as the square root of 2. But this sequence does not have any subsequence that converges in $E$, hence $E$ is not sequentially compact..
But why is $E$ closed if it does not contain a limit point? (i.e. the square root of 2)... or are limit points required to be defined on the field where the sequence is taken from? ($Q$ in this case)
The set $\mathbb{Q}\cap[0,2]$ is a closed subset of $\mathbb{Q}$ because it can be expressed as the intersection of $\mathbb{Q}$ with a closed subset of $\mathbb R$. And it is true the every limit point of $\mathbb{Q}\cap[0,2]$ $\color{red}{\text{in }\mathbb{Q}}$ belongs to $\mathbb{Q}\cap[0,2]$, which is consistent with the statement that $\mathbb{Q}\cap[0,2]$ is closed $\color{red}{\text{in }\mathbb{Q}}$. So, there is no contradiction here.