"There is nothing either good or bad, but thinking makes it so." —William Shakespeare
Perception: the act of receiving stimuli.
Perspective: one's point of view of the world, ignoring some aspects of reality and emphasising others.
Judgment: man-made tools for action, often used to achieve human harmony or satisfaction, that of which is defined according to human terms.
Experience: an event distinguished by one being present with it.
Perception yields judgment. When one perceives anything, physical or otherwise, one often bestows judgment upon the perceived object. This is meant to be an act of understanding built upon past experiences. Thus, objective reality is imperceivable, for that perception is tinted by perspective, and perspective is tinted by judgment, and judgment is tinted by one's experience of life. (How one experiences the world lies in perception, which lies in perspective, which lies in judgment, which lies in experience. We have control over our perspective and judgment, among other things.)
Judgment occurs within a context: the same object may be perceived differently in a different context.
Truly, there is nothing either good or bad. Those are only human judgments—labels—used for human purposes. Example: murder is judged as bad because it causes unnecessary emotional turmoil in one part of society, among other consequences. The label "bad" serves as discouragement from doing the act. At the core of everything, all is neutral, regardless of effect on humans. It is only when we begin to perceive that judgment arises.
Judgment affects not the object but its perceiver: it is a declaration of how one perceives the object and an implication of how one will behave according to such.
Projecting judgment is often a conscious choice.
We can control our perspective of a situation. The situation doesn't have to be as tragic as you see it—in fact, it probably isn't so. Unpleasant experiences can teach you endurance: that is their bright side. Furthermore, one could sustain their judgment.
Between stimulus and reaction exists space where judgment is created, and where it can be subdued and examined.
Judgment, like thoughts, like emotions, serve a function. (I say "function" instead of "purpose" because the latter implies an explicit goal, a destiny, whilst the former merely emphasises present action.)
Conclusions/judgments/beliefs are simplifications of premises; they hide one's manner of thought. They are the end of thought, tools, justifications, protections from pain.
Absurd or untrue judgment is often a product of one's attitude or feeling toward a particular matter, that which may not even be directly related to the judgment's object. Such judgment speaks more of one's truth than the world's.
Labels limit the access to truth. They are measurements for systemic judgment. "Good" or "bad" for what? According to whom? Why? Labels imply a purpose, a function to serve something else, like how the keys of a piano serve a symphony.
All acts are inherently neutral; values are merely projected upon them.
Note: some experiences come with strong emotions, like trauma. Those are exceptions due to their depth.