That is the proper order of wiring......at least from the connector on the power transistor and from there to the coil.
It should run with only the connector plugged in.
Try unplugging the rest for now.
Try unhooking the wires from the power transistor to the coil and see if it still tries to burn the wire.
If not, then the coil is shorted.
If yes, then the power transistor is fused.
Of course, this depends on where the wire is burning