Let $(x^{(n)})^∞_{n=m}$ be a sequence of points in a metric space $(X, d)$, and let $L ∈ X$. Then the following are equivalent:
$1$. $L$ is a limit point of $(x^{(n)})^∞_{n=m}$.
$2$. There exists a subsequence $(x^{(n_j)})^∞_{j=1}$ of the original sequence $(x^{(n)})^∞_{n=m}$ which converges to $L$.
Definitions:
Let $(x^{(n)})^∞_{n=m}$ be a sequence in $(X,d)$
$(a)$ We call the sequence $(x^{(n_j)})^∞_{j=1}$ a subsequence of $(x^{(n)})^∞_{n=m}$
$(b)$ Let $L\in X,$ we say that $L$ is a limit point of $(x^{(n)})^∞_{n=m}$ if and only if $\forall N\ge m$ and $\forall \epsilon>0$, $\exists n\ge N $ such that $d((x^{(n)}, L) \le \epsilon$
Question $1$: In order to show that the two are equivalent, do I need to show that $1\implies2$ and $2\implies 1$, or is one direction sufficient?
My attempt so far:
$1\implies2$
Assume that $L$ is a limit point of $(x^{(n)})^∞_{n=m}$
Then $\forall N\ge m$ and $\forall \epsilon>0$, $\exists n\ge N $ such that $d((x^{(n)}, L) \le \epsilon$
If there is a certain number $L$ which results in $d((x^{(n)}, L) \le \epsilon$ then our sequence converges in our space $(X,d)$
If our sequence converges in $(X,d)$ then by definition every subsequence $(x^{(n_j)})^∞_{j=1}$ of $(x^{(n)})^∞_{n=m}$ also converges to $L$
Therefore there does exist a subsequence $(x^{(n_j)})^∞_{j=1}$ of the original sequence $(x^{(n)})^∞_{n=m}$ which converges to $L$.
Question $2$: Am I on the correct path at all? And if not, can I please get some help?
Thank you!
"If there is a certain number $L$ which results in $d(x^{(n)},L)\leq \epsilon$ then our sequence converges in our space $(X,d)$". That would only be true if it were true for all $n$ big enough. But if that were true then every subsequence, the sequence itself include, would converge to $L$. So you haven't actually proven anything.
By the definition you give, if $L$ is a limit point then no matter how far along the sequence (big $N$), we can always find a later point within $\epsilon$ of $L$. It does not say that every later point is within $\epsilon$ of $L$, which is what you appear to be assuming.
Proof 1 -> 2 Fix some sequence $\{\epsilon_j\}$, with $\epsilon_j > 0$. By the definition of limit point there exists some $n_1> m$ for which $d(x^{(n_1)}, L) <\epsilon_1$. Now defining inductively: there exists some $n_{j+1} > n_j$ so that $d(x^{(n_{j+1})},L)<\epsilon_{j+1}$.
If we require that the sequence $\{\epsilon_j\}$ also satisfies $\epsilon_j \to 0$ then the resulting subsequence $\{x^{(n_j)}\}$ has the property $$0 \leq \lim_{j\to\infty} d(x^{(n_j)}, L) \leq \lim_{j\to\infty} \epsilon_j = 0$$ Hence the subsequence converges to $L$.
2->1 You will have to prove this case to conclude equivalence. It shouldn't be too hard to see why a subsequence that converges to $L$ allows the sequence to satisfy the definition of limit point that you have given.