Why do women date jerks and losers? 

The one with stronger perception of reality "wins".

If you don’t care about what other people think, that’s a bad thing. I think a better answer would be to care about what people think initially, but to be able to identify and differentiate between those who are trying to help you, and those who are trying to bring you down. And from there have no problem cutting off the latter. Regardless, I think everybody cares about what others think. Bad boys are just a lot better at communicating that they don’t give a fuck, even though deep down everybody is insecure. Kind of like how a bully comes across as the toughest, but they are the most insecure.

I always shit my pants on my first date, the ladies love it because I just don't give a shit!

This is true.

Women are into feelings and emotional stimulation. Women crave confident guys. Women are very social creatures. A woman can IMMEDIATELY sense when you compromise yourself to try to get her into your life (i.e. being desperate). "A-holes and jerks" don't compromise. They have suavé and style. They're comfortable in their own skin, meaning they can afford to be funny and smooth. They're charming in every sense of the word (socially smooth but NOT forceful and definitely not nervous). It's not that women love jerks. It's just that jerks possess a personality where they know how to socially connect with a woman and know how to give her warm attention, without nervousness. Some guys have "it" naturally where they never lose. Others like me have to work on our personalities like achieving a very muscular body. LOL, it's not going to be easy.

Just childhood trauma