There are a few problems with doing this.
The first is that you have cords running all around the room, to step on and trip over. When a cord gets stepped on too many times, it can get worn and frayed, and pose a fire hazard. Also, tripping on a cord can pull down appliances, creating a fire or injury hazards; especially with things like heaters, halogen lamps, or hot-plates.
Another problem is that using multiple extension cords can allow you to plug in more appliances than the circuit is designed for. The circuit will (typically) break at about 1700 watts, but it is possible that the extension cords are not rated for that kind of power. You should check the ratings of the extension cords, and the ratings of any appliances you have connected.
To avoid these problems, modern building codes require that outlets in living areas be positioned every eight feet. You may have an older building, or your bedroom was not originally intended as a living area, or perhaps you just have sloppy and unpermitted electrical work.
If the outlet you do have is sound, one challenging DIY project is to extend it with surface-mounted electrical conduit around the room. You'll need to get a permit and follow all the codes, of course.