The point where the trace ends is after enumerating device 7 - and in the earlier completed trace it was detecting the wheel rotation after that. Have you tried using software rotation lock? Part of that is stopping it detecting wheel rotation so might be worth a try.
There's a repeat shifts setting you can try to help your shifter with, but longer term you might want to source some replacement switches. My F1 rim paddles used to play up a lot, to the point where I was getting doubles but sometimes nothing at all (Which no setting can fix!) and I took old button switches from a MS ball mouse (circa 1995) and bodgied them in, working fine so far.
@DJ SkorpX you need to give info. If it were purely a game problem everyone would be having the same.