<SYSTEM_TASK:>
Solve the following problem using Python, implementing the functions described below, one line at a time
<END_TASK>
<USER_TASK:>
Description:
 def validate(self, asset, amount, portfolio, algo_datetime, algo_current_data):
 """ Fail if we've already placed self.max_count orders today. """

        algo_date = algo_datetime.date()

        # Reset order count if it's a new day.
        if self.current_date and self.current_date != algo_date:
            self.orders_placed = 0
        self.current_date = algo_date

        if self.orders_placed >= self.max_count:
            self.handle_violation(asset, amount, algo_datetime)
        self.orders_placed += 1